On Jan 21 2021 The EURUSD fell below the uptrend that started on Nov 20, 2020 and failed to rally up again.
The pair broke below the 1.2100 support level, and then fell below the 1.2050 level.
On the Daily chart, The EURUSD still in an uptrend, but its becoming weaker and on its way to falling towards the 200 EMA.
Breaking the previous low (1.1950) would confirm a new long term downside.
The pair broke below the 1.2100 support level, and then fell below the 1.2050 level.
On the Daily chart, The EURUSD still in an uptrend, but its becoming weaker and on its way to falling towards the 200 EMA.
Breaking the previous low (1.1950) would confirm a new long term downside.