TradingView
Midas_Calista
Mar 28, 2024 5:02 AM

EUR Price Alert: Caution Amid New Low Construction 

Euro / U.S. DollarFOREX.com

Description

A new low is currently under construction, highlighting the importance of vigilance against false buying signals due to liquidity creation. Significant liquidity lies below 1.07966, waiting to be reclaimed before pursuing significant bullish momentum.

It's crucial to note the vulnerability of the recent high at 1.08639, which remains unprotected. There's a possibility of another high towards 1.08920 before a significant shift occurs.






Comment

Comment

Comments
Olu9329
19mins ago and your chart is outdated by days. how???
Midas_Calista
@Olu9329, Technical market analysis is based on charts. How prices move depends on buying and selling psychology. I will try harder to have better quality analysis. thank you for comment
HippoTrading
Good job
Midas_Calista
@HippoTrading, thank you for coment,Wishing you many successful transactions.
More