EURUSD is in a bearish and descending channel on the daily and weekly timeframes.
Next major drop will occur with a break and close below area 1.05 and with a target to the lower channel and the supply support zone at area 0.85.
Next major drop will occur with a break and close below area 1.05 and with a target to the lower channel and the supply support zone at area 0.85.
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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.