EURUSD: Still Looks Bearish! Here is Why: 🇪🇺🇺🇸

9 בספט׳ 2022

Even yesterday's bullish Euro fundamentals do not convince buyers on EURUSD.
Trading within a major falling parallel channel, the price perfectly respects a resistance cluster based on the channel's resistance
and a horizontal supply area.

Trend is our friend and I believe that from the underlined blue zone we will see a bearish move.
I would recommend buying EURUSD only after a breakout of that zone.

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