Open trading account 
Dears,
As of today we are keeping trading sideways in consloditioan zone 1.1320 - 1.1280. There are no important events to push the EUR/USD outside the consolidation zone and therefore expecting staying there. As well there is similarity to picture at begiining of April when we was long time sitting at around 1.14 levels . Therefore in mine opinion, there is rather high chance that we will go lower later in the week, after forming the right shoulder in the daily chart. In addtion to support down move expectation, after the drop of 1.14 level to 1.13 there is practically no significant rebound, just consolidation. Taking all that together, the sell at levels of 1.1320 is reasonable option with first TPs at levels 1.1280, while for more patient traders staying in shorts with entries at levels of 1.1320 could be an option too. But that depends on your appetite, patience and risk choice.
Have a nice trades!
As of today we are keeping trading sideways in consloditioan zone 1.1320 - 1.1280. There are no important events to push the EUR/USD outside the consolidation zone and therefore expecting staying there. As well there is similarity to picture at begiining of April when we was long time sitting at around 1.14 levels . Therefore in mine opinion, there is rather high chance that we will go lower later in the week, after forming the right shoulder in the daily chart. In addtion to support down move expectation, after the drop of 1.14 level to 1.13 there is practically no significant rebound, just consolidation. Taking all that together, the sell at levels of 1.1320 is reasonable option with first TPs at levels 1.1280, while for more patient traders staying in shorts with entries at levels of 1.1320 could be an option too. But that depends on your appetite, patience and risk choice.
Have a nice trades!
