EURUSD - Down trend Correction
Updated
Generally, the direction is downtrending
Uptrend Side: The EUR/USD rate is expected to drop towards the level of 1.1080, then start ascending towards the level of 1.1140, and once above this level, it could reach 1.1179.
Downtrend Side: The euro against the dollar is facing negative pressure to break the $1.1140 level and is trying to stabilize below it. if the price trades under this level, it will try to touch 1.1080, A breaking under this level by a 1D candle will start the bearish step.
Tendency Keys: 1.1140
Uptrend Side: The EUR/USD rate is expected to drop towards the level of 1.1080, then start ascending towards the level of 1.1140, and once above this level, it could reach 1.1179.
Downtrend Side: The euro against the dollar is facing negative pressure to break the $1.1140 level and is trying to stabilize below it. if the price trades under this level, it will try to touch 1.1080, A breaking under this level by a 1D candle will start the bearish step.
Tendency Keys: 1.1140
Trade closed: target reached
The price has risen towards the level of 1.1179, but it might drop back to the level of 1.1080 before breaking this level, and then start rising again until above 1.1179.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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