Euro / U.S. DollarShort
EURUSD: buy or sell
Updated
What are your thoughts on EURUSD as the market experiences a significant week with many enticing fluctuations?
Today, we witnessed EURUSD succumbing to the downward trend, aligning with our prediction from yesterday.
This currency pair is under pressure as the USD begins to regain strength, heavily impacting these major currencies. On the analysis chart, EURUSD has surpassed the Trend Line and dropped below the psychological support level of 1.090. The 4-hour chart indicates that this downward trend may continue soon. By violating the level of 1.0861, we may not encounter any significant support until reaching 1.078
Today, we witnessed EURUSD succumbing to the downward trend, aligning with our prediction from yesterday.
This currency pair is under pressure as the USD begins to regain strength, heavily impacting these major currencies. On the analysis chart, EURUSD has surpassed the Trend Line and dropped below the psychological support level of 1.090. The 4-hour chart indicates that this downward trend may continue soon. By violating the level of 1.0861, we may not encounter any significant support until reaching 1.078
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