Darius_trader

Gold continues its losing streak

Short
Darius_trader Mis à jour   
FX:EURUSD   Euro / Dollar Américain
Hello traders!

Today, EUR/USD fell below 1.0600 for the first time in several months, breaking above the key support level of 1.0630. With prices below that, there is a possibility of further losses. The daily chart shows the pair heading towards a range of 1.0510 to 1.0530, which represents the February and March lows.

Looking at the technical picture on the 4-hour timeframe, we can see that the support around 1.0560 could trigger a recovery. The 1.0600 and 1.0630 levels have now become significant resistance levels. A drop below 1.0550 could lead to increased volatility and the possibility of a faster price decline.
Commentaire:
good luck traders
Commentaire:
Commentaire:
Commentaire:
Commentaire:
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.