EURUSD is trading in a global downtrend, currently the price is in the critical zone for the last 20 years. After a false breakdown and a test of 0.99000, the price forms a local rise.
I have drawn a local support trend line on the chart, which shows how price is behaving. We have a local uptrend, but it is under a strong support level of 1,000, it is hard to speculate what will happen next.
I assume that there are high chances that the falling trend will continue, but what the price shows now, can be a precondition for further growth.
Regards R.Linda!
I have drawn a local support trend line on the chart, which shows how price is behaving. We have a local uptrend, but it is under a strong support level of 1,000, it is hard to speculate what will happen next.
I assume that there are high chances that the falling trend will continue, but what the price shows now, can be a precondition for further growth.
Regards R.Linda!
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NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com