RLinda

EURUSD → Euro weakens amid strengthening dollar

FX:EURUSD   유로 / 미국 달러
EURUSD continues to fall on the back of the strengthening dollar index. As I mentioned earlier in other ideas that the 103 level plays an important role for the DXY . The currency has consolidated above and headed towards 105, which makes both the forex and XAUUSD to fall

The chart shows a descending price channel that plays a key role in shaping the price. EURUSD breaks support at 1.0835 and forms momentum. Before the further fall, a quick correction to the resistance may be formed, after which I will wait for the price to fall to the nearest targets indicated on the chart. In the medium term, the currency pair may continue its decline until the USD policy changes.
Moving averages act as resistance, earlier MA-50 was tested by a false breakout

Resistance levels: 1.0835
Support levels: 1.0733

I expect the continuation of the fall amid the strengthening of the dollar. Euro is weakening, and the currency pair may fall to 1.06000

Regards R. Linda!

🌹TRADING is a CASINO💔!?

NO‼️

You❗️CAN and ❗️SHOULD make money in trading!

Join me, I'll guide you to PROFITABLE TRADING💵!

🟢Free Telegram Channel:
t.me/RLindaTrade

🔴Contact:
t.me/RLindaSignals

🧿Web: rlinda.com
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.