EURUSD Analysis on Daily Short Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Jan 24, 2022 12:38 AM

Based on the trend line drawn, I see EURUSD on bearish. It could be observed that the trend line was respected at two different levels in the past. later it breaks the trend line forming a fake breakout. I am expecting a bearish movement.

Trend Analysis