We might be seeing a change of trend/consolidation period for EURUSD moving ahead. The price currently is resting on a trendline support and the recent two bearish PA on around 1.25X is not showing signs of bullishness yet.
Long term, it is still bullish but for now, trend might change to go into bearish/consolidation mode.
Long term, it is still bullish but for now, trend might change to go into bearish/consolidation mode.
Note
Trendline broken, next support 1.210X
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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.