EURUSD can reverse very soon; looking for buys
The price of Euro versus the US Dollar is going down more than 3 weeks now. However, it seems, the downtrend is about to end.
Today, the price has bounced off crucial support at 1.0994. So, we might see a reversal this week.
That being said, if this support zone can't hold the price, then the next support lies at 1.0880
Either way, I would be looking to buy at any of these support areas and hold my trades till the price goes back to 1.12 area.
Today, the price has bounced off crucial support at 1.0994. So, we might see a reversal this week.
That being said, if this support zone can't hold the price, then the next support lies at 1.0880
Either way, I would be looking to buy at any of these support areas and hold my trades till the price goes back to 1.12 area.
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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.