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EURUSD - Downward trend will continue, Short trade by market price recommended

Jacob Powell on FXSSI Jacob Powell Expert
main-sell-market-trend-1
Forecast Details
PairEURUSD
Publication Time3/5/26 8:42 AM
Direction Sell
Status Closed (1.1635)
8:42
8:42
Mar. 5, 2026
Forecast
-45 p
1.1635
Stop Loss
1.1590
Entry
+45 p
1.1545
Target 1
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Chart & Analyst Comments

main-sell-market-trend-1
  1. Majority of traders are still holding onto Longs. This means we should continue to Sell EURUSD.
  2. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  3. MVP line is above the price and acts as a resistance level.
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