By examining the EUR/USD chart in the 12-hour time frame, we can see that the price is still falling since the last analysis, but on Friday, it was again associated with demand with the penetration below 1.08890, and it is currently fluctuating in the range of 1.094. is ! Only if the price stabilizes below 1.09530, we can expect a further fall from the price, otherwise, the probability that the euro will start to grow to fill the liquidity void from 1.09990 to 1.10360 is high!
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Best Regards , Arman Shaban
Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.
Best Regards , Arman Shaban
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By re-examining the Euro/Dollar chart in the 12-hour time frame, we can see that the price first penetrated above 1.09530 and then started to fall again and finally closed below 1.09530! After that, the price was corrected again and its correlation with gold decreased! The main analysis is still valid and as long as the price is trading below 1.09530, my view is bearish!
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Join me for more Free Signals and New Analyzes In the Public Channel :
⚜️ Free Telegram Channel : t.me/PriceAction_ICT
⚜️ Contact Me : t.me/ArmanShabanTrading
⚜️ Free Telegram Channel : t.me/PriceAction_ICT
⚜️ Contact Me : t.me/ArmanShabanTrading
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.