Eurusd downtrend
EURUSD
The market fell from the resistance zone and price basically is ranging. The market formed a ascending triangle and recetly, the price broke though it. The market might go down because the price rejected this resistance zone two times before. PRICE action is losing momentum at resistance zone and the market shows not strength at the level. My goal is the support level at 1.06900.
The market fell from the resistance zone and price basically is ranging. The market formed a ascending triangle and recetly, the price broke though it. The market might go down because the price rejected this resistance zone two times before. PRICE action is losing momentum at resistance zone and the market shows not strength at the level. My goal is the support level at 1.06900.
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