Euro / U.S. DollarShort
I would SELL
EURUSD 1H Technical analysis.
Right now it's hard to tell level where we can enter a sell, but i expect that price will move down.
Overall trend is down, so no point to search Buys in this pair.
I would wait till price breaks this support zone + There is trend line which needs to be broken.
After that we can enter a new sell.
Also remember that if price breaks trend line , most of the times it retest it, so price could go down, then up a little bit and then again down.
Right now it's hard to tell level where we can enter a sell, but i expect that price will move down.
Overall trend is down, so no point to search Buys in this pair.
I would wait till price breaks this support zone + There is trend line which needs to be broken.
After that we can enter a new sell.
Also remember that if price breaks trend line , most of the times it retest it, so price could go down, then up a little bit and then again down.
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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.