Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Is EURUSD about to reverse?
Euro / U.S. Dollar
Short
Is EURUSD about to reverse?
By ForexTrendline
Follow
Follow
Nov 17, 2022
1
9
Cheer
Cheer
6
6
Nov 17, 2022
Yesterday EURUSD rose to 1,0440, yet failed to make a higher top.
It is still possible to see a rise but we’ll be watching for movement exhaustion.
We remind you again that EURUSD is in a resistance zone on a daily chart and a reversal of the uptrend on H1 is possible.
A breakout of the bottom (1,0278) is needed to confirm the reversal.
breakout
candlestickpattern
DXY
EUR
priceaction
signals
Support and Resistance
trend
Trend Analysis
Trend Lines
trendreversal
USD
ForexTrendline
Follow
Follow
✅ JOIN FREE TELEGRAM:
t.me/trendlinefreetrade
❓ If you got questions:
t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS:
t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here:
t.me/trendlinefreetrade
Related publications
EURUSD heading towards 1,0400
by ForexTrendline
Published
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
.