ForexTrendline

An important moment for EURUSD

FX_IDC:EURUSD   Euro / Dollar AS
On Friday we saw a new bottom on EURUSD and then the pair rising during NFP.
Now, it's very important where it goes next.
While we're trading below 1,1615 there is a higher probability that we will see a downside continuation.

That's why we will be watching price action and in case of any reversal candles, we could be looking for selling opportunities with targets 1,1500.

A breakout above 1,1615 will be a signal for a potential reversal move.

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