EURUSD: Short term downside resumption likely
EURUSD has broken multiple support levels and that warns of the ongoing short term bearish correctional wave to extend. However i see this as a mere pullback before resuming the overall longer term bullish trend inline with my prior analysis here ..
A retest of the broken support-turned-resistance area outlined on chart should be monitored for a confirmation signal on the lower time frames to short targeting 1.0700 next support area.
Keep posted for update..
Best
Technician
A retest of the broken support-turned-resistance area outlined on chart should be monitored for a confirmation signal on the lower time frames to short targeting 1.0700 next support area.
Keep posted for update..
Best
Technician
Catatan
Typo: 1.1700 not 1.0700.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.