The EURUSD pin bar sell signal from last Friday, which we have been discussing in our members area this week, led to a continuation of the downtrend on Tuesday. We continue to be bearish on this market and expect more downside movement, at least into support near 1.0820. If price can break under that support we may see an even larger decline in the coming days. Traders who missed last Friday's pin bar signal can continue watching for price action sell signals on rotations back to resistance (strength).
Post by Nial Fuller, founder of LearnToTradeTheMarket.com
Post by Nial Fuller, founder of LearnToTradeTheMarket.com
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