Situation on EUR/USD looks bearish.
Price formed weak formation(like H&S pattrn),
from middle of April moving in down-trend,
now is below MA 100,200; there is breakout of
consolidating pattern. Index of dollar (DXY)
looks like will continue rising.
Now is near support lvl., if will breakout it will
be confirmation of berish scenario.
Price formed weak formation(like H&S pattrn),
from middle of April moving in down-trend,
now is below MA 100,200; there is breakout of
consolidating pattern. Index of dollar (DXY)
looks like will continue rising.
Now is near support lvl., if will breakout it will
be confirmation of berish scenario.
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