- According to the most brokers’ data, more than half of the traders are currently in long positions on EURUSD. As a result, we recommend considering only Short trades at this time.
- When the price rises, a signal is formed (orange labels), which implies a downwards movement.
- Price broke through the MVP line and rushed down. We consider this a sign for further EURUSD price decrease.
- Set Take Profit at the local low, beyond which there is a cluster of orders.
Chart & Analyst Comments
