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InvestMate
Dec 27, 2022 1:21 PM

💶💵EUR/USD Bounces Off Resistance Zone💶💵 Short

Euro Fx/U.S. DollarFXCM

Description

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💶💵EUR/USD Bounces Off Resistance Zone.

💶💵Today's start of the European session brought an attack on the resistance zone, followed by a sharp sell-off.

💶💵In my opinion, the potential for a downward correction from current levels is only increasing.

💶💵It looks like we will see a gradual weakening of the Euro over the next days/weeks.

💶💵The scenario I'm playing out remains unchanged, I'm still waiting for declines near the support zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

💶💵Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Comments
JoeChampion
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Good view fella!
InvestMate
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@JoeChampion, Thank you
FOREXN1
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Hi , That's my point of view

InvestMate
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@FOREXN1, Thanks!
basictradingtv
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awesome as always, thank you!
InvestMate
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InvestMate
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Do you expect the declines to continue?
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