InvestMate

💶💵EUR/USD Continuing Declines In The New Week💶💵

Short
FX:EURUSD   Euro / U.S. Dollar
💶💵EUR/USD Continuing Declines In The New Week

💶💵The EUR/USD at the opening of the trading session today is still continuing the direction taken last week.

💶💵There was an attempt to attack the resistance zone, but we went down again very quickly.

💶💵The support zone remains unchanged is the 0.236 level of the entire down-to-the-high wave.

💶💵Looking at the technical environment, among other things, the fact that we are still under the 50-period moving average and the MACD and RSI are generating pro-decline signals. I have no doubt about the future direction of the price.

💶💵The scenario I'm playing out is a continuation of the declines to the first support level ahead. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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