EUR/USD analysis

[Geoff Barnett]

Currently the EURUSD market is strong bearish zone. Because we are looking in the EURUSD chart that the market is under the moving average and currently breaking out the trend line point. So to the sellers the entry point is at 1.2389 and the closing point is at 1.2309.

 

[mozeratti]

Today I've got a signal to open the order, but this time I decided to skip, and I shouldn't have to. I could have made money as everything was going according to plan. Now I suppose the pair will get down to the 2260 level