EUR/USD: downtrend, formation: flag, if the price break through 1.1843 sell

EUR / USD: the trend is short.

Formation flag: a break below 1.1843 will give a signal to sell
No signal for a short position.

Price moves below 50, 100 and 200 period moving averages, strong negative sentiment about the euro. Likely downward movement if the price crosses below 1.843 sell, or 1.1895

Medium traffic is also nagativ therefore here only short positions

Speculative situation of financial markets remains very likely to see a new downward momentum in EUR / USD

 Varchev Traders

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