EURUSD: Important Bearish Signal
📉EURUSD had been trading in a wide range around a key resistance level for an extended period of time.
Following the release of US economic data yesterday, the pair fell sharply and formed a high momentum bearish candle.
The daily candle closed below a support level, indicating a break of the range. This suggests that we may seep further downward movement in the pair.
The next support level to watch for is at 1.0332.
Following the release of US economic data yesterday, the pair fell sharply and formed a high momentum bearish candle.
The daily candle closed below a support level, indicating a break of the range. This suggests that we may seep further downward movement in the pair.
The next support level to watch for is at 1.0332.
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Join our Telegram channel for daily market update 👇👇
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For paid signal👇👇 t.me/linofx1999
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.