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Hey traders,

EURUSD is trading in a global bearish trend.
Even though we see a sharp bullish movement from September, for now, it is considered to be a correctional movement
within a major bearish impulse.

The price is currently approaching a solid weekly supply zone.
1.073 - 1.082 is the area from where the next bearish wave may intiate.

Watch that structure carefully and look for shorting opportunities from there.

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dollarElliott WaveEURUSDForexSupply and DemandSupport and ResistanceTechnical AnalysistradingUSDDJ FXCM Index

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