How to Trade EURUSD

The daily chart shows bearish continuation following the pullback of the 61.8% level from early March.

On screen I have two bearish targets. The first one around the 1.0650 where we may find support from the descending trendline. My final bearish target is currently set at the 1.05 handle where we had support back in October of last year.

== How to trade this pair ==

1. Wait for bullish pullbacks to scale short positions with small lots relative to your equity and aim to hold with a trailing stop.

2. If you decide to go long with this pair, I would only seek small targets.