Reaching low of the day, and support point for last month. Unlikely to break support, unless something fundamentally different with the Euro.
Additionally, price action states the worst bearish move for the day has happened - low volatility towards the downside. This has caused exhaustion, and price is resting. Resumption of a bearish trend to have low probability.
To check in 4 hours.
Additionally, price action states the worst bearish move for the day has happened - low volatility towards the downside. This has caused exhaustion, and price is resting. Resumption of a bearish trend to have low probability.
To check in 4 hours.
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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.