ForexGoldenBoy

EURUSD: Bearish rebound imminent

Short
FX:EURUSD   Euro / U.S. Dollar
Hello to all
Here is my updated personal analysis for this pair

The underlying trend is still bearish as indicated by the bearish channel
A bullish retracement is underway which brings the price back in contact with a support
In this area a bearish rebound is likely
In theory a return to the bearish trend could follow
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.