The EURUSD pair is quietly creeping downward, waiting for a negative stimulus that will help push the price to continue declining and achieve our negative targets that start at 1.0515 and extend to 1.0440.
In general, the downward trend scenario will remain valid and effective for the coming period unless the 1.0635 level is breached and holds above it.
Pivot Price: 1.06350
resistance line: 1.0697 ,1.0736,1.0771
support line: 1.0515,1.0440 ,1.0390
timeframe:4H
In general, the downward trend scenario will remain valid and effective for the coming period unless the 1.0635 level is breached and holds above it.
Pivot Price: 1.06350
resistance line: 1.0697 ,1.0736,1.0771
support line: 1.0515,1.0440 ,1.0390
timeframe:4H
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Related publications
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.