Euro / U.S. Dollar
Short

EURUSD Daily - Bearish in trading range

87
On the weekly timeframe, we've seen a big drop and a bit of a correction, and now it looks like we're stuck in a trading range. But get this: the dips seem stronger than the climbs. Flipping over to the daily timeframe, we’ve had a couple of tries to break through the resistance zone, but no luck. What does this mean? Well, we might see a small bump up, but I'm thinking it'll fall again, probably at least to the bottom of the trading range.

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.