EURUSD – Very clear bearish market condition
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