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Euro / U.S. Dollar
Short
Nov 17, 2022
Is EURUSD about to reverse?
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9
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Yesterday EURUSD rose to 1,0440, yet failed to make a higher top.
It is still possible to see a rise but we’ll be watching for movement exhaustion.
We remind you again that EURUSD is in a resistance zone on a daily chart and a reversal of the uptrend on H1 is possible.
A breakout of the bottom (1,0278) is needed to confirm the reversal.
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Also on:
breakout
candlestickpattern
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priceaction
signals
Support and Resistance
trend
Trend Analysis
Trend Lines
trendreversal
USD
ForexTrendline
Follow
✅ JOIN FREE TELEGRAM:
t.me/trendlinefreetrade
❓ If you got questions:
t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here:
t.me/trendlinefreetrade
Also on:
Related publications
EURUSD heading towards 1,0400
by ForexTrendline
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