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Euro / U.S. Dollar
Short

EUR/USD Analysis – Potential Rejection at Key Resistance

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On the EUR/USD chart, the price is currently not near the resistance level, but if it rises back to this zone, we could see a potential rejection, offering a good shorting opportunity. This resistance has acted as a strong barrier in the past, and with the right setup, it could provide a favorable risk-to-reward trade. Keep an eye on the price movement as it approaches this level and watch for confirmation signals before entering the trade.
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Beyond Technical AnalysisChart PatternseuroeurodollarEURUSDForexforexsignalsTrend Analysis

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.
Beyond Technical AnalysisChart PatternseuroeurodollarEURUSDForexforexsignalsTrend Analysis
WaveRiders2
WiVERIDERS
Also on:

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.