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Eurusdshortterm

$EURUSD Correction ImminentFX:EURUSD has been navigating sideways since January amid economic challenges, rising interest rates, and Western economic uncertainties. Approaching yearly resistance at 1.10806, a rebound towards 1.05335 support is expected. By the end of the first financial quarter, a breakthrough of yearly resistance is anticipated, solidifying new support. This aligns with expectations of improved global financial conditions and a revival of consumer confidence. #ForexAnalysis #EURUSD #FinancialMarkets #EconomicOutlook #TradingStrategy #MarketTrends #GlobalFinance #CurrencyPairs #YearlyResistance #SupportLevels #ConsumerConfidence #FinanceNews
Short
by wikitrades
2
A Long Term as well as Short term idea (ZR)Dear Traders, There is lot of indecision in the market because of geopolitical issues and french election. As we are seeing price of dxy getting down very sharply but eurusd price is not rising in comparison. Currently,price is in bearish flag with abcde wave. E point will be most crucial point because if it breaks then it leads the price towards 1.0810, 1.0875, 1.0950. if price does not break crucial point then there will be big opportunity for seller to the price of 1.0570, 1.0495, 1.0432, 1.0378. Short term position can be taken only in bearish flag. Let see !!! Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing forex Team
Short
by GrowingForex