EURUSD Most likely continuing to squeeze down
EURUSD Most likely continuing to squeeze down today, and most likely uneventfully Friday trade.
But watch for a move above 1.1250 for entry long.
As for me, I'm stepping to the sidelines and not interested in shorting.
Retail traders are above 70% bearish on this pair, and the price is still just squeezing down...
That leads me to believe that we are at the end of this bearish movement soon and will most likely continue up.
Will update early Monday morning to see if I can find a good entry long (or possibly short)
Like and follow for more updates.
Have a great weekend!
But watch for a move above 1.1250 for entry long.
As for me, I'm stepping to the sidelines and not interested in shorting.
Retail traders are above 70% bearish on this pair, and the price is still just squeezing down...
That leads me to believe that we are at the end of this bearish movement soon and will most likely continue up.
Will update early Monday morning to see if I can find a good entry long (or possibly short)
Like and follow for more updates.
Have a great weekend!
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