EURUSD: Bearish momentum remains strong!
Обновлено
Hello everyone! Today, let's review the EURUSD pair's performance last week and discuss suitable strategies for the current trend with Conan!
Currently, EURUSD is stuck in a downtrend, with the price trading below the important support zone of 1.1125 and currently hovering around 1.1115. Notably, the pair is still below the two important EMAs 34 and 89, suggesting that any recovery attempt will face strong resistance zones indicated on the chart.
The bearish outlook for EURUSD remains high as the long-term trend is still biased to the downside, with the short-term target towards 1.1090. Given the current technical situation, the possibility of further decline is quite high, but of course, everything is possible.
What about you? Do you think EURUSD will continue to decline today? Let's analyze and discuss the most appropriate strategy for this market!
Currently, EURUSD is stuck in a downtrend, with the price trading below the important support zone of 1.1125 and currently hovering around 1.1115. Notably, the pair is still below the two important EMAs 34 and 89, suggesting that any recovery attempt will face strong resistance zones indicated on the chart.
The bearish outlook for EURUSD remains high as the long-term trend is still biased to the downside, with the short-term target towards 1.1090. Given the current technical situation, the possibility of further decline is quite high, but of course, everything is possible.
What about you? Do you think EURUSD will continue to decline today? Let's analyze and discuss the most appropriate strategy for this market!
Сделка закрыта: достигнута тейк-профит цена
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