EUR / USD downtrend and medium choppy trade.
The short-term correction trend continues, forming higher top and lower bottom.
The latest upward movement complete with inside bar within the Mam bar 1.1150 - 1.1113.
The current bar goes below the minimum internal bar 1.1128, signaling a likely downward movement.
Price diagonal resistance enhancing opportunity for new short.
The position is less risky but with a close stop 1.1155.
Sentiment is for a strong dollar, but short-term expectations are mixed.
Alternative scenario: price passing above 1.1150 buy.
Stefan D. Angelov - Head of Stocks Trading
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