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
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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