Euro / U.S. DollarShort
Eurusd downtrend 02 02 2023
EURUSD
The price surged on the economic news. It is testing resistance and upper border of the ascending channel after breaking the range zone. The market probably will go to ranging again because after impulse leg the market went to ranging before or it will retrace. I think the market may go down if price makes a fakeout of the main resistance zone at 1.1000. My target is support at 1.09500.
The price surged on the economic news. It is testing resistance and upper border of the ascending channel after breaking the range zone. The market probably will go to ranging again because after impulse leg the market went to ranging before or it will retrace. I think the market may go down if price makes a fakeout of the main resistance zone at 1.1000. My target is support at 1.09500.
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