Did you sell the EURUSD?

We had a great selling opportunity yesterday

Now it's too late!

We expect that this downside move will continue down to 1,1700, however we suggest that you stay away from selling.

Why?

-in best case scenario you get RRR of 1:1 and we're looking for a greater one
-price is heading down to a strong support which means we could see reversal at any time
-Powell is about to testify before the congress
-there is a better opportunity on another USD currency pair

Everyone who's got short trades from yesterday could move their SL just above 1,1850!

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