The EURUSD pair has been consistently making lower highs, indicating a loss of bullish momentum.
This pattern suggests the potential for a breakdown below the current support, eyeing a move towards the major support zone.
Traders should watch these levels closely for signs of continued bearish movement.
This pattern suggests the potential for a breakdown below the current support, eyeing a move towards the major support zone.
Traders should watch these levels closely for signs of continued bearish movement.
Comment:
The breaking of the 1-Hour trendline suggests more fall for EURUSD.
Join our Telegram channel via this link for analysis and trading signals.
t.me/+LT1LpjRoXPg4NGU8
t.me/+LT1LpjRoXPg4NGU8
It's gratifying to see our analysis come to fruition as the pair approaches our projected levels.