Week candle closes below S1 and price tends to fall down on the following week.
As we can see last week price closed below S1 too, so i expect EURUSD to have at least one more Bearish Week before it pullback to 1.11400 support (S1) or find some resistence on S1 and EMA and fall down once more.
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.