EURUSD ready to break resistance or again more falling ?

13 במרץ 2021

in long term scenario this is what expected:

so market is still bearish and even more fall expected but for now and short-term trading with targets near 100 pips this is entry point and Target for start of new week.

Target :1.1850(+ 100--120 pips)

Green trendline :middle of channel and valid trendline that price react by touching that before

Green path : if we have breakout on strong resistance that shown by Red line then this path expected with new target that is defined

Red path : our position based on this scenario and talked about it

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