www.varchev.com

EUR/USD keep it’s negative formation, short only a break below 1.1784

EUR/USD downtrend.

Mid-term negative movement.

Triangle and flag formations with a potential for a decline.

Break below 1.1784 will be a signal for short positions.

Foundation is for strong dollar.

We must keep an eye on the job report and the unemploynment rate for USA at 15:30.


 Varchev Traders


Read more:
RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance