TradingView
MMQ_FX
Apr 15, 2021 3:44 PM

EURUSD - Bearish correction Short

Euro Fx/U.S. DollarFXCM

Description

The 1.20 psychological level is highlighted here as a significant area of support turned resistance, and although EU has been uptrending through April so far, price again appears unable to recapture the level.

I expect another push down from the zone in line with the daily descending trendline. 1.186 appears to be an appropriate first target area, let's see how this plays out!
Comments
Lingrid
Who else has any ideas about the EURUSD if the 1.19661 get into sell?
MMQ_FX
@Lingrid, what is your bias on EURUSD? love your charts by the way X
DeGRAM
A good choice)
MMQ_FX
@DeGRAM, finger's crossed!
More