fxnatureplus

SHORT EURUSD

Short
FX:EURUSD   Euro / U.S. Dollar
As can be seen in the EURUSD chart, the price has hit the support level at1.0350 after falling. In this condition , we have two scenario . The scenario can be imagined: 1- The price cannot cross the support and exit the channel, which seems less likely at the moment. 2- The support is broken and falls to the level. 1.02222 seems like the second scenario is more likely due to the strength of the dollar.
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.