EUR/USD Downtrend is coming on m15!

٨ أغسطس ٢٠٢٣

In the EUR/USD exchange rate, there appears to be a bearish opportunity as the dollar is gaining strength following the downgrade of American debt. However, there is a favorable level around 1.0965 where the price could reverse its direction. In this zone, a "short" entry could be considered if the correct bearish confirmation signals occur on the 15-minute chart (m15). In such a case, opening a "short" position with a profit target at 1.0910 could be contemplated. I would like to know what you think about this analysis. Happy trading to everyone!