the eur is currently volatile after the euro rate fix. If you look at the technicals, where the trend line that I drew is highly respected by the price, there is a high possibility that the price will continue to decline. I'm not going short at this point, I'll still look back. will there be a bearish engulfing on this H4 candle? if it happens, this is an early indication of the continuation of the downward trend
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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.