Euro / U.S. DollarShort
EURUSD
Updated
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What are your thoughts on EURUSD?
The EUR/USD pair broke below a key support level last week, with the weekly candle closing firmly beneath this zone. This breakout signals potential further downside movement in the pair.
A corrective bullish retracement or pullback to retest the broken support level is anticipated in the short term. However, the overall bearish sentiment remains intact, and the price is expected to resume its decline towards the next targeted support level.
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What are your thoughts on EURUSD?
The EUR/USD pair broke below a key support level last week, with the weekly candle closing firmly beneath this zone. This breakout signals potential further downside movement in the pair.
A corrective bullish retracement or pullback to retest the broken support level is anticipated in the short term. However, the overall bearish sentiment remains intact, and the price is expected to resume its decline towards the next targeted support level.
Don’t forget to like and share your thoughts in the comments! ❤️
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