EURUSD possible correction, then a new Short

EURUSD Possible adjustment to the resistance at the internal diagonal level 1.1900, which will give us good prerequisites for detecting shortovi positions and seeking a breakthrough at 0.0 Fibonacci level. Today, inflation data in the Eurozone showed -0.2%, which is in the downward movements, and better data from the US trade balance and employment in the nonprofit sector support dollars. SMA50 move under MA100 and MA200 crawling and MACD is below 0.0, which is also in favor of sellers.

Varchev Finance

 Varchev Traders

Read more:
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