EUR/USD: Bearish Forecast and Trading Opportunity
The current EUR/USD chart reflects a strong bearish trend with the price below both the 34 and 89 EMAs, a clear sign of strength from the sellers. Resistance and support levels are important in this analysis: the 89 EMA is currently a major resistance, preventing any recovery in the price, while the large yellow support area on the chart, where the price has found stability, could become a bottom-fishing point for a recovery.
Also, if the price fails to find stability at the support area, we can expect the price to continue falling further.
Also, if the price fails to find stability at the support area, we can expect the price to continue falling further.
Join my team to access free trading signals with:
👉🏻 Winning rate of up to 85%! Every day,
👉🏻 You'll receive 5-7 high-quality signals.
Click here to join the group: t.me/+dv8TI5LsqY8yNWI9
👉🏻 Winning rate of up to 85%! Every day,
👉🏻 You'll receive 5-7 high-quality signals.
Click here to join the group: t.me/+dv8TI5LsqY8yNWI9
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。