Hello everyone, it's great to see you again.
Today, I will dive into the long-term analysis of
EURUSD on the D1 chart. At the time of writing, the price is moving around 1.165 and has shown a slight decrease after the market recently failed to break through the significant resistance around the recent highs, forming a new trendline boundary.
Currently, the price is moving towards the active zone of the 89 EMA, around the 1.140 level, aiming to find new momentum. However, as long as the price remains below the aforementioned resistance zone, the trend remains bearish, and I expect the price to drop to lower targets as outlined in the analysis.
What do you think? Do you share the same view? Leave your thoughts in the comments!
Today, I will dive into the long-term analysis of
EURUSD on the D1 chart. At the time of writing, the price is moving around 1.165 and has shown a slight decrease after the market recently failed to break through the significant resistance around the recent highs, forming a new trendline boundary.Currently, the price is moving towards the active zone of the 89 EMA, around the 1.140 level, aiming to find new momentum. However, as long as the price remains below the aforementioned resistance zone, the trend remains bearish, and I expect the price to drop to lower targets as outlined in the analysis.
What do you think? Do you share the same view? Leave your thoughts in the comments!
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✅ Receive 7–10 high-quality signals daily for Forex, Gold, and Bitcoin
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
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.