EURUSD is bearish and in a downtrend on the weekly timeframe.
EURUSD confirmed its down movement after breaking 1.05 area and the double top forming at that neckline at that timeframe.
The next target is below parity to previous year low 0.9535 and at the lower of the down channel & next big demand support zone at area 0.84-0.85.
EURUSD confirmed its down movement after breaking 1.05 area and the double top forming at that neckline at that timeframe.
The next target is below parity to previous year low 0.9535 and at the lower of the down channel & next big demand support zone at area 0.84-0.85.
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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.