EURUSD Breakdown

٢٨ نوفمبر ٢٠٢٣

As we can see on weekly chart the price ahs already breakdown and retraced the trendline as it is close to the resistance level its very important to stay alert at this point and wait for good opportunity. Once it rejects the resistance level we can further see the 1.07 and 1.05 level as well. To be precise i am bearish for this trade as i can clearly see the convergence in this chart.