💶💵 Nearest strong support zone: around the 0.382 fibo level of the declining wave.
💶💵 Nearest strong resistance zone: around recent peaks.
💶💵 Technical environment:
📊 Moving averages: Downtrend
📊 MACD: Uptrend
📊 RSI: Downtrend
💶💵 Price action: EUR/USD It tried a northward attack today like most US dollar pairs, all due to the weakening strength of the dollar in the early European session but with the arrival of the US session the move was reversed. It looks like the downward trend that was initiated may be maintained. And there will be a renewed attack on the recent local lows.
📉 The scenario I am playing out is a continuation of the declines. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
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