Euro / Dolar A.S.
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Is EUR/USD about to go back below 1.08?

1415
Dear traders, in my previous EUR/USD ideas I recommended you
to buy with initial target at 1.0970. As you can see, price reached
my buy target last week.

Currently, EUR/USD has pulled back from the broken support possibly
turned resistance level
as indicated in the chart. We are also seeing
the formation of a long-legged doji in the daily chart
.

So, a culmination of the above two factors indicate the EUR/USD may drop
further towards 1.08 as long as the key level at 1.0970 remains unbroken
Nota
Markets appear to be a bit slow today. Will probably catch up pace by mid week
Nota
The bearish setup will be validated if price goes to at least 1.09
Nota
syot kilat
This might happen
Nota
Consecutive bearish daily candles, 1.08 again?

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