EUR/USD H1 Trend watch!
Every single events in the market has been to the favor of USD for the past few days !!!
as we can see from the chart that BEAR is in charge on FIBER irrespective of several barricades formed to return power to the BULL.
Technically, EURUSD is still following the former downward trend line.
Close to the current price are VERIFIED and WEAK support levels @ 1.15875 and 1.15621 respectively !
Late yesterday, price reversed from an UNTESTED RESISTANCE level @1.16374 and presently testing a WEAK SUPPORT point @1.15621 .
POSSIBLE MARKET MOVES
Following the fact the BEAR is still powerful as we speak. Using drawn path and trend line . pick an entry point !
NOTE: Observe every risk management measures.
as we can see from the chart that BEAR is in charge on FIBER irrespective of several barricades formed to return power to the BULL.
Technically, EURUSD is still following the former downward trend line.
Close to the current price are VERIFIED and WEAK support levels @ 1.15875 and 1.15621 respectively !
Late yesterday, price reversed from an UNTESTED RESISTANCE level @1.16374 and presently testing a WEAK SUPPORT point @1.15621 .
POSSIBLE MARKET MOVES
Following the fact the BEAR is still powerful as we speak. Using drawn path and trend line . pick an entry point !
NOTE: Observe every risk management measures.
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