We spotted two strong bearish confirmations on 📉EUR/USD chart.
This occurred after a brief pullback to a key horizontal resistance level that was recently broken.
The price has since dropped below both the neckline of a cup and handle pattern and a support line of a rising wedge pattern.
As a result, we can expect further downward movement towards a new lower low.
This occurred after a brief pullback to a key horizontal resistance level that was recently broken.
The price has since dropped below both the neckline of a cup and handle pattern and a support line of a rising wedge pattern.
As a result, we can expect further downward movement towards a new lower low.
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Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.