Euro / U.S. DollarUpdated EURUSD Another Lower High?
Another Lower High is confirmed on the EURUSD Monthly chart and could trigger the reversal of it.
If it gains 1.18 on the weekly scale it could test 1.19 and if it breaks change of behavior happens and the upside targets will be more probable. but until that, it is bearish with another Monthly Lower High.
If it gains 1.18 on the weekly scale it could test 1.19 and if it breaks change of behavior happens and the upside targets will be more probable. but until that, it is bearish with another Monthly Lower High.
Note
If a weekly candle closes above 1.91 the probability of this being a Lower High will diminish and the next long-term target would be 1.25.
Without Risk and Position Management, You WILL Lose Money.
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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.
Without Risk and Position Management, You WILL Lose Money.
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.