EURUSD Trade Idea

EU has finally broken the wide range between 1.1990 - 1.1850 support & resistance zones. In today's trading session, I will remain neutral bias despite the downwards violation of the 1.1850 support zone. Due to the weak downwards breakout, be aware that could see some bullish rotation upwards above the 1.1850 resistance zone due to the current oversold condition. However, the short-term trend remains bearish, if there's any clear rejection at the 1.1850 resistance zone, that could send EU towards the 1.1650 key support zone.

Trade safe and be flexible.

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