As seen from the chart above, the price of EURUSD currency pair has reached a support level and is currently on a strong downtrend.
Retracement towards the nearest resistance level is expected before price continues to fall further.
Do let me know what you guys think.
Retracement towards the nearest resistance level is expected before price continues to fall further.
Do let me know what you guys think.
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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.
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.