Euro / U.S. DollarShort
EURUSD: was the breakout false?
Last week, the price broke through the resistance line of the bearish trend at 1.187. This rent was formed at the beginning of the year when the price started to fall from position 1.234. However, after breaking the line, the price stopped at the resistance level of 1.192. And now we can expect the price to fall, break the trend line, fix at 1.181 and fall to support 1.170.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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.
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.