EURUSD 4H : Support further decline
Updated
EURUSD
New forecast
The euro/dollar pair rose during the day to reach support at the 1.0700 level, showing some slight upward bias, waiting to encourage the price to resume negative trading and test the 1.0661 level initially, remembering that breaking this level will push the price to achieve negative targets starting at 1.0632 and extending to 1.0612. .
Therefore, the downward trend will remain effective, keeping in mind that breaching 1.0718 will lead the price to achieve additional gains before any new attempt to decline.
The expect range trading for today it will be between the resistance line 1.0718 and support line 1.0661.
Additionally ,Today News will affect the market .
resistance line : 1.0700 , 1.0718
support line : 1.0686 , 1.0661
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The euro/dollar pair rose during the day to reach support at the 1.0700 level, showing some slight upward bias, waiting to encourage the price to resume negative trading and test the 1.0661 level initially, remembering that breaking this level will push the price to achieve negative targets starting at 1.0632 and extending to 1.0612. .
Therefore, the downward trend will remain effective, keeping in mind that breaching 1.0718 will lead the price to achieve additional gains before any new attempt to decline.
The expect range trading for today it will be between the resistance line 1.0718 and support line 1.0661.
Additionally ,Today News will affect the market .
resistance line : 1.0700 , 1.0718
support line : 1.0686 , 1.0661
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Trade closed manually
EURUSD Update
The price perfectly fulfills my last idea and price reached to near to our first target + 32 pip ,
Now , to be continue at the bearish trend should stable under 1.0661 and then our others targets will be activate , if price failure to stable under that level then it will rise up again to 1.0700 and then drop again .
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