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Euro / U.S. Dollar
Short

EURUSD: The Dollar's Dominance Continues

85

The EURUSD pair declined as predicted in the previous analysis. Current fundamental conditions and the dollar's strength hinder the consideration of a bullish scenario for this pair. Additionally, no strong demand zones are currently visible on the chart. As a result, any upward moves in this pair are viewed as opportunities for renewed selling. Breaking the previous low could lead to a further decline in this currency pair.






UtoForex
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Supply and DemandSupport and ResistanceTrend Lines

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.
Supply and DemandSupport and ResistanceTrend Lines
UtoForex
Also on:

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.