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Possible reversal on EURUSD
Euro / U.S. Dollar
Possible reversal on EURUSD
By ForexTrendline
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Nov 16, 2022
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Nov 16, 2022
Yesterday EURUSD reached 1,0440 followed by 200 pips drop to 1,0284.
There will be further volatility caused by the news today. ( US October Retail Sales)
This could be a good time to reverse the movement in EURUSD.
New upward movement to 1,0500 is possible, but no buys are recommended from these levels.
There will be sales opportunities in case of new pullback.
breakout
candlestickpattern
EUR
NEWS
priceaction
retailsales
signals
Supply and Demand
support
Support and Resistance
Trend Analysis
USD
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