Let's take a look at the performance of the EUR/USD pair in the early trading session this Tuesday. Unfortunately, the pair struggled to gain any significant momentum and remained confined within a narrow trading range, just below the 1.0900 level. This movement appears to be influenced by the convergence of the EMA and nearby resistance levels.
In the current scenario, investors seem hesitant and unwilling to make significant commitments, opting instead to wait on the sidelines amid uncertainties surrounding the European Central Bank (ECB)'s potential interest rate decision.
Notably, if the EUR/USD continues to fall and surpasses its 2024 low of 1.0844, recorded on January 17th, we might see it approaching the next lower level around 1.078, reflecting the dominant downtrend of this currency pair.
How about you? What are your goals for EUR/USD in the coming period? Share with me!"
Soo far the sell it's still invalid, what do you do, you stick to the bull trend n avoid unnecessary looses how you don't sell n looks for a buy how, you watch your setup n not sell n see if is gonna sell or buy, but is trending up with alot of fake breakouts n rejection don't loose money unnecessary by trying to change the trend.