EUR/USD: Support Crucial for Potential Bullish Momentum
Hello Everyone,
The potential for a continued decline in EUR/USD exists if it fails to maintain a position above the daily pivot point (1D PP). In such a scenario, there is a likelihood of testing both monthly and yearly support levels, unless the daily pivot point effectively acts as a support. Upon the establishment of a robust support structure, it is anticipated that bullish growth will follow.
TradeWithTheTrend3344
The potential for a continued decline in EUR/USD exists if it fails to maintain a position above the daily pivot point (1D PP). In such a scenario, there is a likelihood of testing both monthly and yearly support levels, unless the daily pivot point effectively acts as a support. Upon the establishment of a robust support structure, it is anticipated that bullish growth will follow.
TradeWithTheTrend3344
Catatan
This analysis remains relevant for the current week.
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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.