EUR/USD is having a potential big move to the downside. The zone for short trades is the POC.
EUR/USD is having a potential big move to the downside. The zone for short trades is the POC.
The POC 1.1690-1.1700 is where we can see the selling happening. I am short and I can see that the first target should be the 1.1600 zone. The price needs to break by 1.1660 and from there we will see a strong momentum down. Below 1.1600 1.1565 will be open. Now it is shorted who are dominating over longs. Bears are stronger.
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