TrendsiTrades

EUR/USD DOWNTREND REVESAL IS POSSIBLE

Long
FX:EURUSD   Euro / U.S. Dollar
🔸️Ticker Symbol: EUR/USD 🔸️Timeframe: 4 Hour 🔸️Investment Strategy: Long

TECHNICAL ANALYSIS: EUR/USD is currently in an overall downtrend but we could potentially see a push higher in the coming week. At the moment we are testing a strong level of support at 0.995. If we can hold this level I do believe we can see a push higher. Along with this area of support we do have our white line on the bottom dashboard heading in an upward direction overall showing money is continuing to flow into this forex pair. If we can continue in this pattern there is a good possibility, we could see 1.019 next week. Thanks for following!

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