EURUSD: Technical Outlook & Your Plan For Next Week 🇪🇺🇺🇸

19 בפבר׳ 2022

Hey traders,

EURUSD is trading in a strong bearish trend since May.
Setting a new low in January the price bounced to a major supply cluster.
From that a bearish movement initiated.

To catch a bearish trend continuation watch the reaction of the price to a major falling trend line.
For now the pair is trading above that. In case of its breakout I will expect a bearish move to 1.1145 / 1.101.

Have a great weekend!

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21 בפבר׳ 2022

הערה

Check my new analysis on GBPCAD: