Will we see a change in trend this week?
Pair: EUR/USD
Trend: DOWN
Strong currency: DOLLAR
If the dollar breaks the mini up trend line and turns the support level into resistance plus retest that level than we might see EUR/USD go down further but if the pound breaks the major down trend line and turns the resistance level into support and successful retest the level than EUR/USD might change the trend from down to up.
Trend: DOWN
Strong currency: DOLLAR
If the dollar breaks the mini up trend line and turns the support level into resistance plus retest that level than we might see EUR/USD go down further but if the pound breaks the major down trend line and turns the resistance level into support and successful retest the level than EUR/USD might change the trend from down to up.
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.