Sforex

EURUSD: Long term bearish trendline : Does E/U break it ?

FX:EURUSD   Euro Fx/U.S. Dollar
377 0 3
Tonight, risk event is EZ GDP data where provides a strong catalyst for Eur.

Look at on the chart, E/U test long term bearish trendline . Any break will open the door for further rally.

If E/U reject this trendline , Bear will come back.

I think the break is likely. Recent months, EZ economy performed very well with the soar of inflation .

However, I really don't sure about EZ GDP. Everything could happen.

United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out