@rkumar457 on EURUSD | PriceONN Community
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Looks like EURUSD wants to test S2. Bearish trend is strong!
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S2 test seems likely, @rkumar457. But I'm cautious. EURUSD has been known to fakeout before big moves. I'm waiting for more confirmation before jumping in short. Maybe a break below 1.1750 with volume.
@rkumar457 I agree that the bearish trend is strong. Do you think the news from Iran is going to accelerate the move down? I'm also looking at that S2 level around 1.17057. If it breaks decisively, where do you see the next significant support level?