Euro / U.S. Dollar
Short
Updated

InvestMate ๐Ÿ’ถ๐Ÿ’ต EUR/USD Continues Declines ๐Ÿ’ถ๐Ÿ’ต

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๐Ÿ’ถ๐Ÿ’ต EUR/USD Continues Declines

๐Ÿ’ถ๐Ÿ’ต Nearest strong support zone: around the 0.382 fibo level of the downward wave.

๐Ÿ’ถ๐Ÿ’ต Nearest strong resistance zone: around recent peaks.

๐Ÿ’ถ๐Ÿ’ต Technical environment:

๐Ÿ“Š Moving averages: Downtrend.

๐Ÿ“Š MACD: Downtrend

๐Ÿ“Š RSI: Downtrend

๐Ÿ’ถ๐Ÿ’ต Price Action: EUR/USD Continues declines during Monday's session, with some room left for declines into a strong support zone. For now, a small correction around 1.07 can be expected to occur before further potential declines.

๐Ÿ“‰ The scenario I am playing out is a continuation of declines to the vicinity of support zones. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

๐Ÿš€ If you appreciate my work and effort in this post, I encourage you to leave a like and follow on my profile. ๐Ÿš€
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InvestMate ๐Ÿ’ถ๐Ÿ’ต EUR/USD Continuing Declines ๐Ÿ’ถ๐Ÿ’ต

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