Euro / U.S. Dollar
The price is now in a downtrend. The first scenario is a drop in support, which would be a strong buying opportunity. be a double bottom model.
The second scenario, breaking the support area and the price will be a bearish trend, a top less than a top and a bottom less than a bottom
The second scenario, breaking the support area and the price will be a bearish trend, a top less than a top and a bottom less than a bottom
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.