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DeGRAM
Jan 31, 2023 8:55 AM

DeGRAM | EURUSD short opportunity Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD broke out of consolidation zone.

Price fell from a strong resistance level of 1.08500, and the price action is printing LHs and LLs, indicating a bearish trend .

The daily timeframe suggests that the price could fall to the 1.07000 support level .

We anticipate a bearish move; all confluences indicate that the price may fall.




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Comments
TheCryptagon
Solid post, detailed and well written. We tend to have a similar technical structure on our post as well. Check it out below:
mahfuzazim_TA
Need Pullback to 1.087xx; Ultimate market will trending after FED Forward guidance.
DonAkp
Great job and thanks for sharing. pls keep us updated
basictradingtv
Excellent work as always, thanks!
DeGRAM
Good luck in the markets and have a great one!
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