EUR/USD – Potential Stabilization at Green Zone Support
The Euro has been declining for several days, and as we approach the green zone identified as a support level, I believe we may see some stabilization or a rebound. This area has historically acted as a support level, and it could provide the necessary buying pressure to reverse the recent downtrend.
Strategy: I will be monitoring the price action closely around this green zone for signs of a potential bounce and may consider entering a long position if the conditions are favorable.
Strategy: I will be monitoring the price action closely around this green zone for signs of a potential bounce and may consider entering a long position if the conditions are favorable.
WiVERIDERS
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WiVERIDERS
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.