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EURUSD Bearish momentum

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EURUSD has bounced off the resistance level and has been in a bearish trend since the start of October, marking three consecutive bearish weeks. It's likely that the price will pull back toward the resistance zone before resuming its downward movement. If the price pulls back against the main trend, this could result in a classic correction, followed by trend continuation. The market may form a complex pullback toward the resistance area near 1.0900 and the downward trendline, after which we could see a sell-off as the bearish momentum continues. The target is the support level around 1.07920
Trade fermée: cible de profit atteinte
Target reached, priced dropped over 90 pips since the analysis was published
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EURUSDForexforexmarketforexsignalsforextradingsignalprovidersignalsproviderSupport and ResistancetradingsignalsTrend AnalysisTrend Lines

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EURUSDForexforexmarketforexsignalsforextradingsignalprovidersignalsproviderSupport and ResistancetradingsignalsTrend AnalysisTrend Lines
RTED_Investing
Website - rtedinvesting.com/
Free Telegram Channel - t.me/rtedinvestingofficialfreechannel
Aussi sur:

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.