Lingrid | EURUSD bearish TREND Continues: Potential Short for FX:EURUSD by Lingrid

Lingrid | EURUSD bearish TREND Continues: Potential Short

The price perfectly fulfilled my last idea. It hit the target. market continues to push to lower levels. The price formed a notable double top before dropping after testing the downward trendline. It initially tested the high zone from the previous week, then declined, breaking and closing below the previously respected support level at 1.03500. Furthermore, the price has broke through the previous day's low, suggesting that bears are in control. I expect the price to at least retest the previous lower low levels and potentially make news lows. My goal is support zone around 1.02620

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Trade closed: target reached

The market made new low

Lingrid

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