Euro / Dollar AS
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šŸ’¶šŸ’µ EUR/USD Continuation of Declines šŸ’¶šŸ’µ

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šŸ’¶šŸ’µ EUR/USD Continuation of Declines

šŸ’¶šŸ’µ Nearest strong support zone: around the fibo 0.236 level of the wave from the bottom to the local peak.

šŸ’¶šŸ’µ Nearest strong resistance zone: around recent highs.

šŸ’¶šŸ’µ Technical environment:
- Moving averages: 50/50
- MACD: Downward trend
- RSI: Downward trend

šŸ’¶šŸ’µ Price action: after the strong reaction of the strengthening of the dollar yesterday, we are in the process of making an upward correction back to the area of the previous accumulation.

šŸ’¶šŸ’µ The scenario I am playing is to wait for the end of the correction and accumulation in order to join the upcoming downward wave. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

šŸš€If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.šŸš€

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