EURUSD trading strategy! The selling trend is still strong!
Hey everyone,
What are your thoughts on EURUSD today?
Looking at the 4-hour chart, EURUSD is currently in a recovery phase. The pair is filling the GAP and completing a retracement to the 0.5 - 0.618 Fibonacci levels. As of now, the price is sitting at 1.0759, reflecting a 0.05% increase for the day.
It's expected that after completing this retracement, the price might resume its downward trend, just as illustrated on the chart!
What’s your take on this? Let’s discuss your insights in the comments below!
What are your thoughts on EURUSD today?
Looking at the 4-hour chart, EURUSD is currently in a recovery phase. The pair is filling the GAP and completing a retracement to the 0.5 - 0.618 Fibonacci levels. As of now, the price is sitting at 1.0759, reflecting a 0.05% increase for the day.
It's expected that after completing this retracement, the price might resume its downward trend, just as illustrated on the chart!
What’s your take on this? Let’s discuss your insights in the comments below!
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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.