EURUSD is in biggest resistance on monthly chart
1- Down trend from 1.6000 date 07/2008
2- retest the broken all time uptrend start from 1985
resistance range 1.2500 --- 1.2650
if price don’t close monthly or weekly at least above 1.2650 we can see EURUSD price go to continue down trend
target
1.2000
1.1600
1.1000
1.0100
1- Down trend from 1.6000 date 07/2008
2- retest the broken all time uptrend start from 1985
resistance range 1.2500 --- 1.2650
if price don’t close monthly or weekly at least above 1.2650 we can see EURUSD price go to continue down trend
target
1.2000
1.1600
1.1000
1.0100
Note
as you can see
we have 1 and 2 targets
we can see some up trend before go down again
to get 3 target
Note
we get to now about 700 pips enjoy
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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.
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.