Eurusd downtrend
EURUSD
The price perfectly fulfills my last idea. It hit targeted zone. The market is testing the strong resistance zone. The bears will probably push the price lower toward the 1.07000 level. The price rejects the resistance zone and upward trendline, it will most likely continue moving down. Price action is forming long tailed bar which is sign of the level rejection. My goal is the support level around 1.07365
The price perfectly fulfills my last idea. It hit targeted zone. The market is testing the strong resistance zone. The bears will probably push the price lower toward the 1.07000 level. The price rejects the resistance zone and upward trendline, it will most likely continue moving down. Price action is forming long tailed bar which is sign of the level rejection. My goal is the support level around 1.07365
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