๐Ÿ’ถ๐Ÿ’ต EUR/USD Continuation of Declines ๐Ÿ’ถ๐Ÿ’ต

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๐Ÿ’ถ๐Ÿ’ต EUR/USD Continuation of Declines

๐Ÿ’ถ๐Ÿ’ต Nearest strong support zone: around the fibo 0.236 level of the wave from the bottom to the local peak.

๐Ÿ’ถ๐Ÿ’ต Nearest strong resistance zone: around recent highs.

๐Ÿ’ถ๐Ÿ’ต Technical environment:
- Moving averages: 50/50
- MACD: Downward trend
- RSI: Downward trend

๐Ÿ’ถ๐Ÿ’ต Price action: after the strong reaction of the strengthening of the dollar yesterday, we are in the process of making an upward correction back to the area of the previous accumulation.

๐Ÿ’ถ๐Ÿ’ต The scenario I am playing is to wait for the end of the correction and accumulation in order to join the upcoming downward wave. 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.

๐Ÿš€If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.๐Ÿš€

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