Hey everyone, I’m sharing my EUR/USD trade on the 1-hour chart. It’s looking bearish, the price broke below a downward trendline and a support zone around 1.12679 to 1.12447, which means it’s dropping hard. The RSI is at 45.97 and falling, so there’s more room to go down. I’m aiming for my take-profit at 1.12038, where it matches a past low and the trendline. With this break and momentum, I think it’ll hit my TP. Let’s watch!
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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.