Hello Traders
EUR/USD had some upward corrections from "14 Feb 2024" until "8 March 2024".
FED news(PPI, CPI, and interest rate) turned the table and changed the upward momentum into a downward movement.
Right now the price has broken the upward channel and made a pullback on it.
So we believe the price will reach lower levels.
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
EUR/USD had some upward corrections from "14 Feb 2024" until "8 March 2024".
FED news(PPI, CPI, and interest rate) turned the table and changed the upward momentum into a downward movement.
Right now the price has broken the upward channel and made a pullback on it.
So we believe the price will reach lower levels.
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
