Euro / U.S. Dollar
Short
Updated

EUR/USD : Get Ready for the next Bearish move (READ THE CAPTION)

735
By analyzing the #EURUSD chart on the 3-day timeframe, we can see that after rising to the upper limit of the supply zone at 1.046 - 1.055, the price has finally corrected and is currently trading around 1.042. If the price stabilizes below this level, we can expect further declines in EURUSD.

However, keep in mind that in about 2.5 hours, we have the significant CB Consumer Confidence report, which could strongly impact the market!

Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !

Best Regards , Arman Shaban
Trade closed: target reached
snapshot

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