Strong Downtrend on EUR/USD
The EUR/USD chart on the hourly time frame is currently showing a long-term downtrend with the formation of a falling channel pattern.
From a technical perspective, the horizontal support line at 1.08800 will be the next important point to watch. If the price breaks this level, I expect the price to continue falling further. This will increase the possibility of the price continuing to fall further to test the next support levels.
From a technical perspective, the horizontal support line at 1.08800 will be the next important point to watch. If the price breaks this level, I expect the price to continue falling further. This will increase the possibility of the price continuing to fall further to test the next support levels.
Join my team to get free signal XAUUSD trades with up to 85% winning rate!
Every day, you will receive 5-7 high quality signals, helping you earn a lot of money
Click here to join the group: t.me/+GRJwuaIyEF8yNDdl
Every day, you will receive 5-7 high quality signals, helping you earn a lot of money
Click here to join the group: t.me/+GRJwuaIyEF8yNDdl
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.