Euro / U.S. DollarShort
The pair is in a bearish trend after breaking below the 1.02205
A potential short trade setup is identified, aiming for the 1.618 and 2.618 Fibonacci extensions as profit targets.
The analysis suggests watching the resistance levels for pullbacks before entering short positions.
The analysis suggests watching the resistance levels for pullbacks before entering short positions.
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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.