🔥 EUR/USD - Bull or Bear ? (READ THE CAPTION)
Updated
By examining the EUR/USD chart in the 12-hour time frame, we can see that the price is still falling since the last analysis, but on Friday, it was again associated with demand with the penetration below 1.08890, and it is currently fluctuating in the range of 1.094. is ! Only if the price stabilizes below 1.09530, we can expect a further fall from the price, otherwise, the probability that the euro will start to grow to fill the liquidity void from 1.09990 to 1.10360 is high!
Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.
Best Regards , Arman Shaban
Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.
Best Regards , Arman Shaban
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By re-examining the Euro/Dollar chart in the 12-hour time frame, we can see that the price first penetrated above 1.09530 and then started to fall again and finally closed below 1.09530! After that, the price was corrected again and its correlation with gold decreased! The main analysis is still valid and as long as the price is trading below 1.09530, my view is bearish!
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