- 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.
- The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
- The MVP indicator shows the downtrend. We take this into account as one of the important factors in today's forecast.
- We are setting the take profit of our Sell Order to the closest level with a large number of stop losses.
Chart & Analyst Comments
