EURUSD had been trading in a bullish trend, making higher highs and higher lows. Recently it broke the rising trendline support and trade below it.
Currently the pair is forming an harmonic ABCD pattern which complete around 0.97700 where buyers must active their positions.
Failure to give any bullish sign on mentioned zone, will continue downside momentum and bears will dominate the trend.
Trade your levels accordingly.
Currently the pair is forming an harmonic ABCD pattern which complete around 0.97700 where buyers must active their positions.
Failure to give any bullish sign on mentioned zone, will continue downside momentum and bears will dominate the trend.
Trade your levels accordingly.
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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.
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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.