EURUSD 4H : Support further decline EURUSD
New forecast
The price perfectly fulfills my last idea and price reached to our targets.
The EUR/USD pair shows slight negative trading in an attempt to resume the expected downward trend for today, remembering that our expected target is at 1.0665, breaking which represents the key to heading towards 1.0600 directly.
Therefore the downward scenario will be remain valid and effective during coming period ,Moving average 50 continues to support the suggested bearish wave, which will remain in place unless the 1.0760 level is breached and holds with a daily close above it.
The expect range trading for today it will be between the resistance line 1.0760 and support line 1.0600.
resistance line : 1.0760 , 1.0808
support line : 1.0665 , 1.0600
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Eurussell
EURUSD 4H : Waiting for ECB Interest DecisionEURUSD
New forecast
The price perfectly fulfills my last idea as we said the price will retest and already retested to our target +25 pip but because of the situation may price will be continue at the bearish attempts .
The EUR/USD pair continued to decline to test the support of the ascending channel, and begins the day with a further decline to put pressure on this support and provide signals of direction to resume the main downward trend again, on its way to achieving negative goals that begin with visiting the recently recorded bottom at 1.0496 and 1.0462.
Therefore, a bearish bias will be expected for today, supported by a move below the moving average 50, taking into account that breaching 1.0562 will stop the proposed decline and lead the price to recover again.
The expect range trading for today it will be between the resistance line 1.0562and support line 1.0496.
Additionally ,Today News will affect the market .
resistance line : 1.0562 , 1.0612
support line : 1.0540 , 1.0496
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EUR/USD Running In +100 Pips 0Drawdown , New Entry Valid !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
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