Euro / U.S. Dollar
Short
Updated

EURUSD ! Testing resistance in a bear market

854
EURUSD is in a downtrend. After the fall, the price moves into a range between 1.058 and 1.0495. A false break was made after which the price falls to 1.0495

Now the price has risen a lot and is testing the resistance of 1.058

I assume a rollback from the level of 1.058 and a price decline to support after a false breakout.

Sincerely, R. Linda!
Trade active

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.