The EURUSD continued its sell momentum yesterday and hit 1.3521 level earlier today. The bias remains sell in nearest term testing1.3500 level. A clear break and daily close below that area could trigger further
sell pressure testing 1.3350 level. nearly resistance is seen around 1.3550 level. A clear break above that area could lead price to neutral zone in nearest term testing 1.3600 level but as long as stays below 1.3675 – 1.3700 level. I still prefer sell momentem is runing.
mind it ,buy trading ratio= 70%
sell trading ratio=30%
sell pressure testing 1.3350 level. nearly resistance is seen around 1.3550 level. A clear break above that area could lead price to neutral zone in nearest term testing 1.3600 level but as long as stays below 1.3675 – 1.3700 level. I still prefer sell momentem is runing.
mind it ,buy trading ratio= 70%
sell trading ratio=30%
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