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fortunamarkets
Mar 25, 2024 12:58 PM

EUR/USD is Aiming for 1.07 zone (3/25/2024) Short

Euro Fx/U.S. DollarFXCM

Description

Hello Traders

EUR/USD had some upward corrections from "14 Feb 2024" until "8 March 2024".
FED news(PPI, CPI, and interest rate) turned the table and changed the upward momentum into a downward movement.

Right now the price has broken the upward channel and made a pullback on it.
So we believe the price will reach lower levels.

Our technical view has been shown in the chart.

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Thanks For Reading
Team Fortuna
-RC

(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
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