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RamziAbouAbdallah-CMT

EUR/USD -8/7/2021-

Short
Euro / U.S. Dollar (FX:EURUSD)  
RamziAbouAbdallah-CMT  
FX:EURUSD   Euro / U.S. Dollar
Support and Resistance Trend Lines Supply and Demand EURUSD euro eurodollar USD Forex forexsignals forextrading signals signalservice
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supportandresistance trendline supplyanddemand eurusd euro eurodollar usd forex forexsignals forextrading signals signalservice
• EUR/USD found support near support line at 1.17700 dating back from Nov 2020.
• Bull candle today met some resistance near descending trend line in play since June 25.
• More likely, the pair will break the support line and test yearly lows near 1.1700.
• Bearish case in play.
Ramzi Abou Abdallah, CFTe, CMT

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