EUR/USD Breaks Down: Bearish Trend Ahead
Hello everyone, let’s dive into what’s happening with EUR/USD!
Based on chart data and carefully analyzed factors, the pair has broken out of its rising wedge, signaling a bearish trend supported by the EMA 34 and 89.
The price is expected to continue declining, at least toward the identified support zone. Consider opening short positions for the short to medium term.
Happy trading, and best of luck!
Based on chart data and carefully analyzed factors, the pair has broken out of its rising wedge, signaling a bearish trend supported by the EMA 34 and 89.
The price is expected to continue declining, at least toward the identified support zone. Consider opening short positions for the short to medium term.
Happy trading, and best of luck!
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