EURUSD Correction Inbound
Bearish Bias due to:
-Triple Top/ Head & Shoulders
-Bearish Divergence
-Channel Resistance
-Monthly/Weekly Resistance
-2021 Down Trend Line Resistance
There are other bullish indicators, but in my opinion there are more bearish indications for a reversal/correction. Surely there may be market manipulation but the correction is inbound and over due especially after the 1000+ pip climb from
about ≈ 0.95000. Since that climb to 1.0600 there has been no significant correction/retest.
-Triple Top/ Head & Shoulders
-Bearish Divergence
-Channel Resistance
-Monthly/Weekly Resistance
-2021 Down Trend Line Resistance
There are other bullish indicators, but in my opinion there are more bearish indications for a reversal/correction. Surely there may be market manipulation but the correction is inbound and over due especially after the 1000+ pip climb from
about ≈ 0.95000. Since that climb to 1.0600 there has been no significant correction/retest.
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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.