SHORT EURUSD

已更新
EURUSD remains bearish on the daily timeframe and is currently in an ascending channel with a test at the upper channel, a failure to break above a major resistance area at 1.09-1.10 level, and a bearish daily engulfing candlestick pattern that would confirm its next movement.

The first target is to the lower channel at area 1.07 and if it breaks, the next target will be to the major support zone at area 1.05 and a break below will confirm a movement to the lower of the descending channel at near parity levels.
注释
still on target
注释
on target
Chart PatternsCurrenciesecbEUReuroeuropeEURUSDForexTechnical IndicatorsTrend AnalysisUSD

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