EURUSD broke and closed below the support, which became resistance.
The market is pulling back to the resistance zone .
We expect a down move if price rejects it.
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The market is pulling back to the resistance zone .
We expect a down move if price rejects it.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Note
In lower times, the price is placed in TR (rectangle).We expect to have a further decline in the price of TR with pullback.
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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.