EURUSD Short idea
Hello
I believe that this bearish trend that started on June 22 is still going on and this is a correction that is nearing its end. But how far does it go?
The price may rise to 1.09775 and then fall.
My first target is 1.08900 which is a good support area. But it is likely that lower numbers will be touched as well.
Also, the consumer confidence index is published today, which can be the beginning of a fall.
thank you
I believe that this bearish trend that started on June 22 is still going on and this is a correction that is nearing its end. But how far does it go?
The price may rise to 1.09775 and then fall.
My first target is 1.08900 which is a good support area. But it is likely that lower numbers will be touched as well.
Also, the consumer confidence index is published today, which can be the beginning of a fall.
thank you
Trade closed: target reached
80 pips in 39 hours. Good
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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.