EUR/USD longer term sell signal [Video]

Jason Sen DayTradeIdeas.co.uk

EURUSD has broken the long term trend line going back to November 2025.

This is an important longer term sell signal & EURUSD could eventually retest the January 2025 low at 1.0176.

Targets along the way are:

200 week moving average at 1.1100.

Longer term 23.6% Fibonacci retracement & May 2026 low at 1.1053.

March 2026 high at 1.0954 & short term 61.8% Fibonacci at 1.0904.

Author

Jason Sen

DayTradeIdeas.co.uk

Jason Sen began his career in the options pits on the trading floor of LIFFE in 1987 at the age of 19, making markets on his own account. In 2001 when the trading floor closed he successfully made the transition to day trading on computer screens.

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