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Euro / U.S. Dollar

EURUSD - Death Cross Pattern Nears

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The EUR/USD pair has crashed for five straight days as the US dollar has staged a strong comeback. This sell-off intensified on Monday after the US published strong retail sales numbers and after the weekend attack on Israel. It crashed to a low of 1.0630, its lowest swing since November 3rd.

Bearish view:

- Sell the EUR/USD pair and set a take-profit at 1.0550

- Add a stop-loss at 1.0695

Bullish view:

- Set a buy-stop at 1.0650 and a take-profit at 1.0700

- Add a stop-loss at 1.0550

Guys, what do you think? Leave a comment with your thoughts.
tradingconmike
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Chart PatternsEURUSDeurusdanalysiseurusdsignaleurusdtradeTrend Analysis
tradingconmike
🟢Free Signals:
t.me/forextradingfusion

🔴Contact:
t.me/tradingconmike1
Also on:

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.