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EURUSD

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Hello Traders! 👋

What are your thoughts on EURUSD?

EURUSD has broken support level and its ascending trendline, indicating a possible shift in short-term market structure and growing bearish pressure.
In the short term, we expect a pullback toward the broken support/trendline zone.
If price fails to reclaim this level, a continued move lower toward the next identified support zone is likely.
As long as price remains below the broken structure, the short-term outlook stays bearish.

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It is now over 120 pips in profit from the activated zone. You can reduce your position size by half and move the stop loss to the entry point.

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