Recent market news & movements, lead to a sharp decline.
In this chart analysis, we'll be examining the price action of EURUSD, focusing on a recent rebound that occurred at the bottom channel line & at 1.09700 resistance zone. The EURUSD pair experienced a notable price drop, but following some key developments, it has found support at the lower boundary of the descending channel, presenting potential trading opportunities.
My goal is 1.09980
In this chart analysis, we'll be examining the price action of EURUSD, focusing on a recent rebound that occurred at the bottom channel line & at 1.09700 resistance zone. The EURUSD pair experienced a notable price drop, but following some key developments, it has found support at the lower boundary of the descending channel, presenting potential trading opportunities.
My goal is 1.09980
Trade closed: target reached
Perfect forecast ✅✅
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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.
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.