looking for sell EURUSD
#Technical_Analysis
#EURUSD-1h
Last week, we were monitoring the 1.031 support zone and observing the price’s reaction to this area. On Friday, this zone was finally broken, and now we can say that the market is in a downtrend. This allows us to take risks on resistance zones and enter sell positions.
The nearest resistance zones are 1.028 and 1.032. We will analyze the price reaction to these levels in the 1-hour timeframe.
#FarXpert
#EURUSD-1h
Last week, we were monitoring the 1.031 support zone and observing the price’s reaction to this area. On Friday, this zone was finally broken, and now we can say that the market is in a downtrend. This allows us to take risks on resistance zones and enter sell positions.
The nearest resistance zones are 1.028 and 1.032. We will analyze the price reaction to these levels in the 1-hour timeframe.
#FarXpert
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