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TheTradersAvenue
Oct 7, 2020 6:39 AM

EURUSD > Could We See Retests of The Lows 1.1614?! Short

EUR/USDOANDA

Description

Analysis of #EURUSD

the damage that been done to this chart suggests that we are done going up, hence the tops on the chart.

as you can see price tried to break the trend line resistance and move above 1.1800, but it failed yesterday as expected.

I believe there is a chance to go down to 1.1705 before the market decides if it wants to retest 1.1614



Check today analysis below⠀
Thank you for the support you keep showing me with

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-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
Comments
Butler_ee
Great work
PolarHusk
This would be bearish if unable to get above the trendline resistance.Thanks for sharing your idea 🐻‍❄️😃
SunnyHillCapital
Nice analysis, keep this up!
W1111em
What if a major support line is gonna form at 1.17500, in the next couple hours. I think it will go up from there, what do you think ?
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