ForexTrendline

EURUSD in a downtrend

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
The downtrend is still valid even after the ECB Interest rate decision.
We had about 50 pips move in both directions.

Now we're waiting for this downfall to continue and to see price reaching 1,1760.

If this trend will continue then we shouldn't see market above 1,1885.

Once we see price breaking below 1,1800 that will give us even more confirmation
and also an opportunity to add to our position and look for the next support levels.

✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.