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Is EURUSD Selloff Over? 

Last Updated: May 9, 2022

By Rayner Teo

Daily EURUSD Chart:

d

On Daily, we see bearish momentum to the downside with price breaking new lows.

4 Hours EURUSD Chart:

4

In 4 hours these are 2 areas I will be looking at should price retrace.

Short 1.3220

SL 1.3255

Next, let’s look at Natural Gas!

nw

On Weekly, we have a break of the upward trendline. Thus I’m looking at further downside on this instrument.

nd

On daily, we can see price consolidating before making another move lower.

Short 4.1

SL 4.2

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