EURUSD Bullish price correction 4H
The price of the Euro has been on a steep decline of -3.11% on the 4H chart for the last week. We're expecting to see a short recovery back to resistance levels at 1.10 where strong sell pressure could resume and push the price back down.
Take profit targets {
#1 - 1.10
#2 - 1.11 (if price break out of resistance levels)
}
Bearish retracement targets {
#1 - 1.09
#2 - 1.08
}
Take profit targets {
#1 - 1.10
#2 - 1.11 (if price break out of resistance levels)
}
Bearish retracement targets {
#1 - 1.09
#2 - 1.08
}
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.