EURUSD - 1H Sell
Updated
The EURUSD chart indicates a potential bearish movement. The recent price action suggests that the pair is experiencing a weakening of the bullish momentum. After reaching a recent peak, the price is showing signs of a downward trend, indicating a possible decline towards the highlighted support zone around 1.08400.
The price action around this level is crucial; if the support zone fails to hold, we could see a continuation of the downtrend. This setup aligns with the current market sentiment, pointing towards further selling pressure. Traders should watch for confirmations around the support zone to determine the next move.
The price action around this level is crucial; if the support zone fails to hold, we could see a continuation of the downtrend. This setup aligns with the current market sentiment, pointing towards further selling pressure. Traders should watch for confirmations around the support zone to determine the next move.
Note
This EURUSD analysis hit the nail on the head! The anticipated decline played out perfectly as we predicted the fall through the support zone. 📉🚀Kudos to all who followed the plan and capitalized on this move. Let’s keep up the momentum and stay tuned for more winning strategies! 💪📊
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