EURUSD ! Breakdown of the local up-trend. Still falling? 🥶
EURUSD still breaks through the triangle upwards and forms a strong momentum, but this movement was not enough for the price to break through the resistance of the global downtrending price channel.
The price makes a false break of the resistance and forms a pullback, within which the price breaks the lower boundary of the local ascending price channel.
The price is trading short inside the range. I think the downward movement will continue.
I assume that eurusd will continue its downward trend as the price movement in the channel is the priority at the moment. The price is consolidating under the support of the triangle and the ascending channel, forming a short set-up. The short-term target is support at 1.0075.
Regards R. Linda!
The price makes a false break of the resistance and forms a pullback, within which the price breaks the lower boundary of the local ascending price channel.
The price is trading short inside the range. I think the downward movement will continue.
I assume that eurusd will continue its downward trend as the price movement in the channel is the priority at the moment. The price is consolidating under the support of the triangle and the ascending channel, forming a short set-up. The short-term target is support at 1.0075.
Regards R. Linda!
🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
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.