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EURUSD Bearish Momentum 

Last Updated: May 14, 2022

By Rayner Teo

EURUSD Bearish Daily chart:

eud

On daily, we can see price  making lower  lows with strong momentum. The bearish candles are relatively larger compared to the bullish ones.

The Bearish 4hours chart:

eu4

On 4hour, we see that 1.3440 is an area to watch for with price bouncing off couple times.

I will be looking to sell should price retrace back towards the 1.3440 area.

The Bearish chart:

cj

Lastly, CADJPY has broken a key area and we should see further downside from here.

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