Last week EurUsd corrected the hard drop from 2 weeks ago and the single currency managed to recover shy under 1.2 important resistance.
I believe a new leg down will follow for EurUsd and at least a revisit of 1.18 is probable
Gains should be well capped under 1.2 and rallies against this resistance should be sold.
Only a daily close above 1.2 would change my bearish outlook
I believe a new leg down will follow for EurUsd and at least a revisit of 1.18 is probable
Gains should be well capped under 1.2 and rallies against this resistance should be sold.
Only a daily close above 1.2 would change my bearish outlook
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.