$EURUSD - NFP's could fuel the downtrend

2 ביולי 2021

Hi guys! 👋🏻

🔔 Euro is below the trendline of March 23, 2020 and tested this dynamic support as resistance and was forced downwards.

🔔 Currently Euro is testing the 1.18400 support line and if closes below, will continue the downfall. The current level is also Fibo 0.786 of the uptrend of March 31, 2021.

🔔 Positive US NFP data might support the downtrend continuation of the pair. Up until now, Euro looks bearish against the US Dollar.

✊🏻 Good luck with your trades! ✊🏻
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21 ביולי 2021

הערה

TP1