We can see a long down trend on the daily timeframe for EUR/USD.
With the price approaching the trend line, we can see potential sells around the 1.1000 area marked which has previously acted as a resistance zone.
A good target would be 1.06000 area.
With the price approaching the trend line, we can see potential sells around the 1.1000 area marked which has previously acted as a resistance zone.
A good target would be 1.06000 area.
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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.