Hello traders, we want to check the EURUSD chart. After breaking the uptrend line, the price is moving in a downward trend and managed to break the specified support level with a strong downward movement. We expect the price of a pullback to hit the specified level and maintain its downward trend and fall to around the price of 1.06500. Good luck.
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As we predicted, the price continued its downward trend after a correction and we expect this downward trend to continue until the specified support level.
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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.