💬Description: The currency pair continues to be in a confident bearish trend, and there are no hints of a reversal yet. The Fed meeting last week played a significant role here, as a result of which the USD strengthened against all its competitors. This trend is likely to continue until the price reaches the daily support level of 1.05194. At this level, sellers are likely to close their deals and perhaps even turn upside. Thus, at the level of 1.05194, we can expect the beginning of an upward correction, and of course, before this level, it is best to close all sell-trades.
It is recommended to draw special attention to level 1.06167, where an instant upward rebound has already been recorded twice. Upon reaching this value, the instrument is highly likely to fall downward since this is where the Stop Loss of short-term buyers is located.
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It is recommended to draw special attention to level 1.06167, where an instant upward rebound has already been recorded twice. Upon reaching this value, the instrument is highly likely to fall downward since this is where the Stop Loss of short-term buyers is located.
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👇Share your views and FOLLOW US👇
Trade active
Comment:
There is new idea for GOLD🚀
Comment:
The trade is partially closed + moved to break-even.
Trade active:
There is new idea for EURUSD🚀
Trade active:
⚠️Fixed 50%-Profit
⚠️Break-even: 1.05937
⚠️Break-even: 1.05937
Trade closed: target reached
