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Saturday, October 09, 2021

EURUSD short view 1.10000

EURUSD short view 1.10000


Weekly chart

What we can notice is that the pair failed to make a higher high, nor lower low.

The movement is now narrowing, and we can now expect to see a new higher low in the 1.09000-1.10000 area.

We are currently at potential support at 1.15000, and a more concrete break below to 1.13500-1.14000 would give us a clear signal that we are moving to the bottom support line.

from TradingView Ideas
via gqrds

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