haykeensfx

EURUSD H1 Trend Watch !

Long
FX:EURUSD   Euro / U.S. Dollar
EUR/USD dropped to its most minimal level since June 2020 at 1.1185 on Wednesday. Restored limitations against resurging COVID-19 cases are offsetting capability of a change in European Central Bank (ECB) way of talking, in front of their December meeting and holding EUR under tension, business analysts at Westpac report.

EUR/USD bounce back are probably not going to recover 1.13...

POSSIBLE MARKET MOVES

US banks are on HOLIDAY today, EUR might take a little space higher as an UNTESTED support level has been formed @1.11864

NOTE the BIAS is still towards the down side !

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.