EURUSD - Biased Short Towards 1.1300
The Euro is pushing through last week's lows as some risk-off sentiment adds strength to the USD.
We believe 1.1300 is a possibility today, and in any case the path of least resistance is short (for the time being)
as evidenced by a large majority of retail punters fading this move lower.
We believe 1.1300 is a possibility today, and in any case the path of least resistance is short (for the time being)
as evidenced by a large majority of retail punters fading this move lower.
Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.