SHORT EURUSD
EURUSD is still in its downtrend channel on the weekly and monthly timeframes.
On the weekly timeframe, a retest of the double top neckline was established at the resistance area and a reach of the upper channel of the downtrend and a triple top at smaller scale was formed and retested, which all possibly confirms its downtrend continuation with a break of area 1.04 to 1.03 and later to its previous low 0.95 and into the lower of the downtrend channel at 0.90.
Previous ideas:
Monthly timeframe
Weekly timeframe
On the weekly timeframe, a retest of the double top neckline was established at the resistance area and a reach of the upper channel of the downtrend and a triple top at smaller scale was formed and retested, which all possibly confirms its downtrend continuation with a break of area 1.04 to 1.03 and later to its previous low 0.95 and into the lower of the downtrend channel at 0.90.
Previous ideas:
Monthly timeframe
Weekly timeframe
Publications connexes
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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.