New breakdown

On the chart, we see that the pair again tried to overcome the level of 1.1460 and then returned below this level. We believe that the downward movement on the medium-term chart will resume and we will see how the price will head towards the 1.14 and 1.1370 levels.

Therefore, we advise you to enter the market for short positions and set take profits at the above marks.

Beyond Technical AnalysisdollarEUReuroForexfxTechnical IndicatorstraderTrend AnalysisUSD

Also on:

Disclaimer