F1_trades

update on the EURUSD

FX:EURUSD   Euro / U.S. Dollar
17 views
1
as we can see major support levels and trend lines are being tested by the EURUSD , my analysis is if price closes below the 1.10857 then the downtrend will continue further to the next level of support. if the 4 hourly candle close above 1.10857 then we could potentially see a retracement back to the previous resistance zone . the fundamental side of things, USD has had some negative data so that could potentially cause this trend to continue bearish .

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out