Get started
Investroy

EUR/USD: some consolidations before deeper bearish moves

Short
Euro / U.S. Dollar (FX:EURUSD)  
Investroy  
FX:EURUSD   Euro / U.S. Dollar
Support and Resistance Supply and Demand Trend Analysis EURUSD priceaction Technical Analysis forextrading investroy
36
16
supportandresistance supplyanddemand trendanalysis eurusd priceaction technicalanalysis forextrading investroy
The price is currently testing the previously broken zone of support which has now become a valid point of resistance. The overall sentiment of the market remains bearish and it is expected that the price will keep dropping more and reach the area of the Lower Low indicated on the graph.
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.