I had closed my targeted trading plan last week on 1.22. :) You may refer to my previous idea that was published last week.
The current movements show a bearish trend in the upcoming week. EURUSD might test its nearest support around 1.198X.
This observation is supported with a bear A indicator that is shown in the daily chart below.
I zoomed with the hourly chart to see more detail; it clearly shows this bear trend.
have fun and stay safe.
EURUSD
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
Trade closed: target reached:
I closed my position as it reached 1.198X. have a nice day.
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