The EUR/USD currency pair is going through a period of volatility as tensions between Israel and Iran do not escalate. This has reduced geopolitical risks and decreased demand for the US Dollar as a safe-haven asset, leading to a slight increase in the pair.
However, despite a slight increase in EUR/USD, the overall trend remains bearish. EUR/USD is maintaining a steady sideways trend near 1.0650. When looking at the chart, we see that this currency pair is correcting to approach support levels and forming a double top pattern. It is expected that in the short term, the price will approach the support area of 1.0620.
However, despite a slight increase in EUR/USD, the overall trend remains bearish. EUR/USD is maintaining a steady sideways trend near 1.0650. When looking at the chart, we see that this currency pair is correcting to approach support levels and forming a double top pattern. It is expected that in the short term, the price will approach the support area of 1.0620.
Trade closed: target reached:
FULL TP for plan SELL and. Support zone is strong
Trade closed: target reached
Comment:
GOLD and Forex signals community.
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