UnknownUnicorn35856926

Good bearish signal at 1.124

Short
OANDA:EURUSD   Euro / U.S. Dollar
Hello friends, I hope you are well
We see here the price of the euro against the dollar, it fell affected by negative news from inflation, wars and diseases until we found a strong area at the level of 1.110, but it quickly rose, trying to compensate for yesterday's losses, and found a strong resistance area at the level of 1.120, so it is expected that it will rise slightly to Retesting the 1.124 area and I think that the price will not continue to rise from this 1.124, so we find that it will bounce back down to the 1.110 level.
enjoy your trading lifetime
thanks
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.