Euro / U.S. Dollar
Short
Updated

EURUSD - Waiting to Break the Support

227
Generally, the direction is a downtrend

Uptrend Side: The bullish trend will be activated if the price reverses and trades above 1.1032, targeting 1.1082. A break above this level, confirmed by the closing of a 1-hour candle, will likely lead to a move toward 1.1140.

Correction: May the price make a correction until around the resistance of 1.1032.

Downtrend Side: The price is exhibiting negative movement today, having also broken the breakout level and stabilized below it. Currently, the price is expected to decline further towards 1.0948, and a break below this level may lead to a drop towards 1.0841.


Tendency Keys: 1.0948
Trade closed: target reached
the price breaks the support of 1.0948 and trades below it, thus touching the 1.0841.

snapshot
Trade active
The movement toward 1.0841.

correction possibility toward 1.0948.

snapshot

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