The EUR/USD pair is currently in a down channel formation in the 4h chart.
A mini bearish trendline is formed within the channel which only adds strength to the bearish momentum.
Hence we expect the pair to move swiftly towards its support levels placed at 1.12991.
A mini bearish trendline is formed within the channel which only adds strength to the bearish momentum.
Hence we expect the pair to move swiftly towards its support levels placed at 1.12991.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.