• Vasily Trader

EURUSD: Can We Expect a Bearish Continuation?!

Hey traders,

EURUSD still leaves bearish clues.

Trading in a long term bearish trend ,

the pair started to slow down a bit,

but still keeps falling within a falling parallel channel setting new lower lows and lower highs.

I believe that bears will keep pushing the price to the year's low.

1.17 - 1.172 is the major demand zone to watch.

In case of the absence of some fundamental triggers, I believe that we will be there shortly.