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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 Time5/28/26 6:27 AM
Direction Sell
Status Closed (1.1665)
6:27
6:27
May 28, 2026
Forecast
-60 p
1.1665
Stop Loss
1.1605
Entry
+65 p
1.1540
Target 1
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Chart & Analyst Comments

main-sell-market-trend-1
  1. 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.
  2. The Profit Ratio reversal indicator doesn't react on downward movement. This means that the movement is not fake.
  3. Price broke through the MVP line and rushed down. We consider this a sign for further EURUSD price decrease.
  4. The risk-to-profit ratio allows us to set Take Profit for a Short trade at 1.154
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