Simple technical and price action analysis.
We have both fundamentals and technical analysis indicating that EURUSD will start going down again.
Daily chart - there are 2 aggressive bearish candle, that might indicate a reversal
4H chart - Price has moved under MA100, and we can see 3 potential target levels
Renko Chart - Red bricks are forming, indicating a down move.
At this point, it is difficult to find an entry so we must wait for the price to develop more on next week.
Don't Stumble Trading. Trade Safe!
We have both fundamentals and technical analysis indicating that EURUSD will start going down again.
Daily chart - there are 2 aggressive bearish candle, that might indicate a reversal
4H chart - Price has moved under MA100, and we can see 3 potential target levels
Renko Chart - Red bricks are forming, indicating a down move.
At this point, it is difficult to find an entry so we must wait for the price to develop more on next week.
Don't Stumble Trading. Trade Safe!