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Tuesday, July 13, 2021

EUR/USD Movement

EUR/USD Movement

I believe EUR/USD forex pair has both short and long term movement. Currently the price is in a clear down trend. The price is at 1.7794 & technical indicators show hat the price will most definitely touch my support line. Some time after the price touches or surpasses the support level , it is within my analysis to believe that the price will reverse. I would wait for 3 confirmation candlesticks and for a cross in RSI , MACD , & EMAs. Once all of the following are verified. I'd continue for a long term buy on forex for EUR/USD .

from TradingView Ideas
via gqrds

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