EURUSD dived over 100 pips on the first trading day, found support at 1.1286 throughout the week, and made a comeback on the last trading day.
The price is still trading within a consolidation pattern and a retest of the supply level at 1.1383 is highly expected.
This week, we will wait for the retest at 1.1383 and towards the 7-month falling trendline to look for a selling opportunity.
The price is still trading within a consolidation pattern and a retest of the supply level at 1.1383 is highly expected.
This week, we will wait for the retest at 1.1383 and towards the 7-month falling trendline to look for a selling opportunity.
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Related publications
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.