EURUSD: Reasons to Be Bearish

[skrimon]

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.

If you have any questions, please, ask me in the comment section.
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[Polakandil]

EURUSD move higher on yesterday's market, the price successfully breaking the upper band line,

However the price trend not always move in one direction, it will be time to retrace or pullback, the price is already high and formed a strong bullish yesterday and still has potential trend continuation with an alert the price is already in resistance zone