Euro / U.S. DollarShort
EURUSD (Short Term)
Generally, the direction is downtrend
The bullish correction is expected to drive the price toward the 1.0350 level. Today, we anticipate the price will test the resistance before declining again toward 1.0350. A break below this level could potentially lead the price into a more stable zone.
At present, the price is trading within two consolidation zones. Therefore, it is advisable to wait for a breakout from either zone to confirm the next directional move.
Tendency Keys: 1.0350
Resistance Line: 1.0350, 1.0450
Support Line: 1.0300, 1.0218, 1.0120
The bullish correction is expected to drive the price toward the 1.0350 level. Today, we anticipate the price will test the resistance before declining again toward 1.0350. A break below this level could potentially lead the price into a more stable zone.
At present, the price is trading within two consolidation zones. Therefore, it is advisable to wait for a breakout from either zone to confirm the next directional move.
Tendency Keys: 1.0350
Resistance Line: 1.0350, 1.0450
Support Line: 1.0300, 1.0218, 1.0120
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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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