EURUSD
EURUSD price is declining. This trend began to emerge when the pair's price hit the top of the bullish flag, marked at 1.0966. The decline is further confirmed by a divergence indicated by the awesome oscillator. If the critical support level of 1.0844 cannot hold back the downward momentum, we might see an extended drop. A sustained closure below this key level could point to a downward trajectory, potentially reaching 1.076 and possibly extending to 1.07.
At this juncture, the midpoint of the bullish flag plays a pivotal role. It acts as a significant line of defense against the bearish trend. A breach of this median line could signal a shift, potentially reviving the upward trend of the pair.
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Solidecn.com
EURUSD price is declining. This trend began to emerge when the pair's price hit the top of the bullish flag, marked at 1.0966. The decline is further confirmed by a divergence indicated by the awesome oscillator. If the critical support level of 1.0844 cannot hold back the downward momentum, we might see an extended drop. A sustained closure below this key level could point to a downward trajectory, potentially reaching 1.076 and possibly extending to 1.07.
At this juncture, the midpoint of the bullish flag plays a pivotal role. It acts as a significant line of defense against the bearish trend. A breach of this median line could signal a shift, potentially reviving the upward trend of the pair.
%15 Bonus | Swap Free | Raw Spread | Regulated
Solidecn.com