EURUSD 4h
EURUSD 4h - Channel to the downside is still valid. Looks like we are going for one more downside move. If the downside pressure persist then 1.3350 is the next stop. An acceleration of the downside move could translate into price hitting the (sub) 1.33 level.
The slope is quite steep i.e. break of potential support levels could imply a steep move.
Let's first see if price stabilizes at the 1.3350 level.
The slope is quite steep i.e. break of potential support levels could imply a steep move.
Let's first see if price stabilizes at the 1.3350 level.
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.