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BullBearMkt
Dec 17, 2023 7:54 AM

EURUSD At Crossroads of Potential Weekly Rise and Fall! 

Euro Fx/U.S. DollarFXCM

Description

EURUSD may be targeting liquidity above 1.12000 towards the descending trendline considering the FED's dovishness. However, with chart pattern, one may likely opt for the pair declining to below 1.02000 IF fibre could possibly break the neckline of the forming head-shoulders.

Already, the pair has broken a swing low; if a lower high could be formed, then EURUSD stands to dip...



N.B!
- EURUSD price might not follow the drawn lines. Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades

#eurusd
#fibre


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