To tell you the truth, I’m a bit surprised by the clarity of all currency pairs, most of them are trading in a very clear market condition, hope this conditions remain throughout the week.

As I wrote last Friday, one of the currency pairs to keep an eye open would be the EURUSD, it is in a very strong bearish market condition and it is also trading bellow every important level in the short term charts:

The next LT support level is at 1.2904

Trade Safe!

Raul Lopez
Forex Training