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eltonmorningstar
Jan 18, 2023 6:48 AM

The EURUSD heads towards the support Short

Euro Fx/U.S. DollarFXCM

Description

The EURUSD pair faces negative pressure to approach the key support 1.0745 supported by Downward sloping Moving Average, which urges caution from the upcoming trading, as the price needs to hold above this level to keep the bullish trend active, which targets 1.0915 mainly.

Note that breaking 1.0745 will stop the positive scenario and press on the price to turn to decline.

Trade closed: stop reached

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