EUR-USD Analysis

٢ نوفمبر ٢٠٢٠

📉 In line with our last week poll, it appears the cable is poised for long downtrend movement, the chart seems to evidently support the case as the cable broke through our support arc only to be finding a short term solace at its two-weeks support @ 1.600 (labelled A & B)

⏳ An imminent break below the 1.600 will leave the market with no option but a further decline to test the waters of 1.4000 price level.