EURUSD in question

EURUSD in question


EURUSD

The US dollar currency pair with the Euro currency remains in a downward trend and is not likely to break the trend. In the picture I marked what would have to happen for us to start entering the long position. The oRGR formation in this case will give us a signal for a possible rebound. There are two options for entering, the first is to enter immediately after breaking the resistance, which is marked with a broken line. Second after correction to support also from dashed line. I prefer the second option, but unfortunately sometimes the price does not go back for more opportunities. Until then, we remain in a downtrend and the most sensible position is in line with the trend.

eurusd

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Biznes-Broker
Biznes-Broker

Trader, cryptocurrency and forex market analyst. Editor of investor magazines: EN: http://biznes-broker.com/ PL: http://pvq.pl/ By giving me a tip you donate it to charity. All collected funds will help children and animals in need.


Analysis of the financial markets
Analysis of the financial markets

Subjective view of the financial market. Mainly Forex, Indexes and Commodities. Analyzes based on technical analyzes. All analyzes are my view of the market. It is not recommended to make trading decisions based on the information provided. You can check my work here: EN: http://biznes-broker.com/ PL: http://pvq.pl/

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