EURUSD Chart Analysis for 15 April 2022
EURUSD failure to break the short term upward trendline pushed its prices down breaking structure for a possible reversal.
If prices will break the breakdown level at 1.0760, it will bring down the prices to 1.0700 a major support in the Weekly timeframe.
A retest of 1.0900 level is possible for the upcoming week since there is a price gap that happened when ECB was released.
A break in 1.0900 will bring the prices up to 1.0950 and a possible short term reversal for the pair.
EURUSD failure to break the short term upward trendline pushed its prices down breaking structure for a possible reversal.
If prices will break the breakdown level at 1.0760, it will bring down the prices to 1.0700 a major support in the Weekly timeframe.
A retest of 1.0900 level is possible for the upcoming week since there is a price gap that happened when ECB was released.
A break in 1.0900 will bring the prices up to 1.0950 and a possible short term reversal for the pair.