FX:EURUSD   Euro / U.S. Dollar
If the price is closing below the support - the blue line - we can expect the price action to continuing going down due to the bigger picture - bearish engulfing and momentum support -

However this blue line is a weekly support so if the price is closing above, we'll what's happen when the price gonna do a pullback
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.