Euro / U.S. DollarShort
Eurusd downtrend
EURUSD
The price went down from the resistance zone and price failed to updated its highs. The market formed a channel and recetly, the price broke through it. The market might go down because the price formed a fake bar on the daily timeframe . The price was pushed back at resistance because there's more bearish momentum than bullish. My goal is the support level at 1.06100.
The price went down from the resistance zone and price failed to updated its highs. The market formed a channel and recetly, the price broke through it. The market might go down because the price formed a fake bar on the daily timeframe . The price was pushed back at resistance because there's more bearish momentum than bullish. My goal is the support level at 1.06100.
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