Dear Traders,
Following a substantial sell-off, the Euro has entered a corrective phase. However, based on [reason, e.g., technical analysis, fundamental factors], I expect a short-term pullback to the 1.04500 level early next week. This downward movement should be seen as a corrective wave within a broader bearish trend. Subsequently, a bounce back towards the 1.06600-1.07000 resistance zone is likely. Once this resistance is tested, I anticipate the Euro will resume its downward trajectory, with a potential target at 1.02."
"If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
Following a substantial sell-off, the Euro has entered a corrective phase. However, based on [reason, e.g., technical analysis, fundamental factors], I expect a short-term pullback to the 1.04500 level early next week. This downward movement should be seen as a corrective wave within a broader bearish trend. Subsequently, a bounce back towards the 1.06600-1.07000 resistance zone is likely. Once this resistance is tested, I anticipate the Euro will resume its downward trajectory, with a potential target at 1.02."
"If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
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💰MY FREE FOREX CRYPTO SIGNALS TELEGRAM CHANNEL: : t.me/Alirezaktrade
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.