EurUsd could rebound from trend line
In the past two weeks, after reaching a high at 1.1250, EurUsd had a bad run and dropped 300 pips.
However, the trend is not altered yet, with the pair above the recent trend line.
A rebound from this support could be next and considering the fact that DXY is near resistance and it could drop from there, this outlook becomes pretty likely.
In conclusion, dips under 1.1 could be bought for a test of recent resistance.
However, the trend is not altered yet, with the pair above the recent trend line.
A rebound from this support could be next and considering the fact that DXY is near resistance and it could drop from there, this outlook becomes pretty likely.
In conclusion, dips under 1.1 could be bought for a test of recent resistance.
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Publications connexes
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.