EURUSD: scrapping or returning to the trend?
At the beginning of this year, the price started falling from the resistance of 1.232. This movement became decisive as it broke the uptrend, which has been continuing since 2019. During the fall from resistance, the price was able to break through the support at 1.186. And now we can expect a correction to the resistance zone of 1.189. Then the fall to support 1.159 and rise to the border of the channel 1.178.
SL - 1.200.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SL - 1.200.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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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.