EUR-USD
The price of this currency pair is currently located around the resistance level on the H4 chart, where a short-term trend line of a downward trend is also forming, from which increasing selling pressure can be seen. The current resistance level has already been tested several times, so we think now is the ideal time to enter a sell trade in order to take advantage of the downward bounce to the support level, where our target price is.
The price of this currency pair is currently located around the resistance level on the H4 chart, where a short-term trend line of a downward trend is also forming, from which increasing selling pressure can be seen. The current resistance level has already been tested several times, so we think now is the ideal time to enter a sell trade in order to take advantage of the downward bounce to the support level, where our target price is.