EURUSD: Prioritize the downtrend!
Hello fellow EURUSD trading lovers!
Today, we see EURUSD continuing its downtrend, with the price currently hovering around 1,080.
-Market summary:
Yesterday's developments: After this news, EURUSD quickly skyrocketed and filled the gap but could not maintain a long-term increase.
Technical outlook:
Price Pattern: The pair is trading in a narrowing wedge pattern, characterized by lower highs and lower lows.
Short-term forecast: With these technical signals, EURUSD will likely continue to decline in the near future.
I'm more inclined towards sales. What is your view? Do you see more opportunities on the downside or do you have a different view? Share your thoughts!
Today, we see EURUSD continuing its downtrend, with the price currently hovering around 1,080.
-Market summary:
Yesterday's developments: After this news, EURUSD quickly skyrocketed and filled the gap but could not maintain a long-term increase.
Technical outlook:
Price Pattern: The pair is trading in a narrowing wedge pattern, characterized by lower highs and lower lows.
Short-term forecast: With these technical signals, EURUSD will likely continue to decline in the near future.
I'm more inclined towards sales. What is your view? Do you see more opportunities on the downside or do you have a different view? Share your thoughts!
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Dagangan aktif
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Penafian
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.