📉 EUR/USD Technical Outlook 📊
The Euro is showing signs of potential downside reversal after reaching the top of the ascending channel.
🔻 Expected Drop Target: 1.17000
🕐 Timeframe: 1H (Hourly Chart)
📍 Price may correct strongly after rejection from resistance. Watch for confirmation before entering trades!
✅ Stay patient, trade smart — structure is key!
📈 Always manage risk wisely.
The Euro is showing signs of potential downside reversal after reaching the top of the ascending channel.
🔻 Expected Drop Target: 1.17000
🕐 Timeframe: 1H (Hourly Chart)
📍 Price may correct strongly after rejection from resistance. Watch for confirmation before entering trades!
✅ Stay patient, trade smart — structure is key!
📈 Always manage risk wisely.
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.
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.