Is the EURUSD rise complete?
As you already know, we're waiting for the rise on EURUSD to finish, so we can then enter short
On Friday we had the first signs for a possible end of the upside move on H1
We have a high and then a trendline breakout.
Now we expect to see a lower high and a breakout of the previous low.
This will confirm the reversal and we would expect a downtrend continuation.
The first levels where we will probably see price next are 1,1297.
Follow us to find out where are the next support levels and how EURUSD will develop
As you already know, we're waiting for the rise on EURUSD to finish, so we can then enter short
On Friday we had the first signs for a possible end of the upside move on H1
We have a high and then a trendline breakout.
Now we expect to see a lower high and a breakout of the previous low.
This will confirm the reversal and we would expect a downtrend continuation.
The first levels where we will probably see price next are 1,1297.
Follow us to find out where are the next support levels and how EURUSD will develop