EURUSD, To Short
Last Thursday's ECB Press conference lacked hawkish statements which weaken the currency to slide down the levels as majority of the ECB Board wanted a pause in the rate.
The EURUSD has been on a descending channel since 17th July to date.
Price is currently correcting after hitting the 1.06310 support level and it is expected to fulfil a Fibonacci retracement to the 61.8% level before further shorts down to the 1.05192 support level.
The EURUSD has been on a descending channel since 17th July to date.
Price is currently correcting after hitting the 1.06310 support level and it is expected to fulfil a Fibonacci retracement to the 61.8% level before further shorts down to the 1.05192 support level.
Transaction en cours
The trade is still active, and 140 pips done by close of Friday market closing.
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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.