EUR/USD: Bearish Continuation in Focus
Diupdate
EUR/USD is trading around 1.0469, r1.0510-1.0540, which
If the price retests the resistance zone but fails to break above, a bearish continuation could follow. Initial targets lie at *1.0440, wi1.0400 a
Traders should monitor price action closely at the resistance zone. Short positions could be considered near 1.0510-1.0540, with stop-loss levels set above 1.0550 to manage risk while targeting the next bearish leg.
If the price retests the resistance zone but fails to break above, a bearish continuation could follow. Initial targets lie at *1.0440, wi1.0400 a
Traders should monitor price action closely at the resistance zone. Short positions could be considered near 1.0510-1.0540, with stop-loss levels set above 1.0550 to manage risk while targeting the next bearish leg.
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