EliteTradersFX

Analyzing the EUR/USD: Anticipating a Bearish Move Towards 1.07

Short
EIGHTCAP:EURUSD   Euro / U.S. Dollar
In the current market scenario, there's a keen interest in the EUR/USD pair as it exhibits a potential bearish move. The price trajectory is notably approaching the crucial 1.07 level, following the formation of a distinctive right shoulder pattern.

Traders and analysts are closely monitoring this pair, anticipating and analyzing any forthcoming downside movements in the coming days. Stay tuned for insights and updates as the market dynamics unfold.

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.