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TradeSelecter
Apr 2, 2022 1:17 PM

EUR/USD Daily Chart Analysis For April 1, 2022 

Euro Fx/U.S. DollarFXCM

Description

Technical Analysis and Outlook:
After the retest of our Mean Res 1.1090, the Eurodollar continues its journey down as projected in March 25 chart to the newly created Mean Sup 1.0980. The continuous move down to Key Sup $1.0850 and completed Inner Currency Dip 1.0820 - some bullish moves are possible within the current downtrend.
Comments
Forexlivesignal
Hello.Nice analysis. Here is my view on EURUSD

khaled_FX
1.08 - 1.1250 is the range EU may bounce off
HAMED_AZ
Great 👍
andretrendboy
eurusd is in the correction move in my eyes.... let's wait for the market talk to us in few months and the possiblity of it to go up on the small time frames is very high..in my eyes
TradeSelecter
@andretrendboy, It has been in for a long time: We are witnessing a dead cat bounce effect on-off.
andretrendboy
@TradeSelecter, 💯🏆
JoeChampion
More probably going back to 1.13 before dropping!
Saint-jay
End of downtrend ?
TradeSelecter
@Saint-jay, Nope, it is getting restarted.
BigBuxTrading
@TradeSelecter, Agree 100%.... parity is coming in 2022... enjoy the ride!
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