After creating a bullish signal around 1,075, the price did not continue to increase but slid back down. It has now broken the support at 1,075 and created a new low. Although the long lower shadow shows that buying pressure has returned, this signal is not strong.
You can consider a SELL order. Stop Loss is necessary
You can consider a SELL order. Stop Loss is necessary
Trade active
SELL RUNNINGTrade active
NICE TARGET !!!Note
Note
The downward momentum is still clearly evident. Let's wait and see if EURUSD returns to its recent bottomNote
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Related publications
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.