TradingView
DeGRAM
Jun 6, 2023 8:50 AM

DeGRAM | EURUSD bears are still in control Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD is still in a bearish trend on the 4H chart.

The market made a lower low and then a higher high, which means a consolidation.

On the weekly chart, we have a doji bar. If price action makes a false break at the high or low of the bar, it will create a new trend.

If the resistance holds, the market may continue moving sideways.



-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!
Comments
JoeChampion
I agree on USD strength, thanks!
TheCryptagon
A rich with information post. Thank you!
TheSignalyst
these daily updates on EURUSD are very helpful. thanks dear degram
keeping10
Thanks DeGRAM!
DeGRAM
Good luck in the markets and have a great one!
More