EURUSD may continue its decline amid economic instability. The dollar index is strengthening on market manipulation by the Fed. The regulator is not going to reduce the interest rate early.
The euro is declining against this background, showing some weakness.
Reasons for the decline:
1) Market structure is changing
2) The previously broken trend plays into the hands of bears
3) price does not update local maximums
4) The market is under pressure from above, on the background of growing dollar.
5) Retests of local lows
The euro is declining against this background, showing some weakness.
Reasons for the decline:
1) Market structure is changing
2) The previously broken trend plays into the hands of bears
3) price does not update local maximums
4) The market is under pressure from above, on the background of growing dollar.
5) Retests of local lows
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❤️ Telegram channel: t.me/AndeWave
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.