XTrendSpeed

EURUSD downside target 1.050-1.055 area

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD fluctuated downward, and the downward trend line effectively suppressed the exchange rate. At present, you can pay attention to the resistance around 1.070. If the rebound encounters resistance, you can consider continuing to short, and pay attention to the 1.050-1.055 area below.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.