#EURUSDANALYSIS
Hey Traders!
We rejected the Weekly / Monthly Trend line on this pair and looks like we’re heading down.
Bullish invalidation level would be a close below 1.17200. As you know not just we rejected the Weekly / Monthly trend line, we also formed a bearish engulfing on the Daily.
But our bias will still remain long until it closes below 1.16200. A close below 1.16200 would mean we might probably go back to the ascending channel.
As you know there are lots of ambiguity from this pair as of now, pay attention to the key levels:
1.17200
1.16200
The market is a long-term long until we break below 1.11600 based on the Daily chart.
Expected levels:
📈1.21000
📉1.14500
NOTE: Pay close attention to price action movements. Wait for added confirmation as well.
Our bias on the Euro/Dollar is 📈.
🚨DO NOT TRADE THIS ANALYSIS BLINDLY🚨
P.S. We have had successful forecasts on multiple pairs for last month!
DM me "BLESSED" if you want to join our FREE community!
You will get analysis like this on multiple pairs for FREE every week as well!
Hey Traders!
We rejected the Weekly / Monthly Trend line on this pair and looks like we’re heading down.
Bullish invalidation level would be a close below 1.17200. As you know not just we rejected the Weekly / Monthly trend line, we also formed a bearish engulfing on the Daily.
But our bias will still remain long until it closes below 1.16200. A close below 1.16200 would mean we might probably go back to the ascending channel.
As you know there are lots of ambiguity from this pair as of now, pay attention to the key levels:
1.17200
1.16200
The market is a long-term long until we break below 1.11600 based on the Daily chart.
Expected levels:
📈1.21000
📉1.14500
NOTE: Pay close attention to price action movements. Wait for added confirmation as well.
Our bias on the Euro/Dollar is 📈.
🚨DO NOT TRADE THIS ANALYSIS BLINDLY🚨
P.S. We have had successful forecasts on multiple pairs for last month!
DM me "BLESSED" if you want to join our FREE community!
You will get analysis like this on multiple pairs for FREE every week as well!