EURUSD continues the downside move with almost no pullbacks.
We're expecting the same thing today and a move below 1,0500.
The next support level is the low from December at 1,0400.
We're expecting a test of those levels and possibly a breakout as well.
Before that we could see a deeper pullback due to traders collecting profits. That normally happens at the end of the week or the end of the month.
We're expecting the same thing today and a move below 1,0500.
The next support level is the low from December at 1,0400.
We're expecting a test of those levels and possibly a breakout as well.
Before that we could see a deeper pullback due to traders collecting profits. That normally happens at the end of the week or the end of the month.
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✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.