Euro / U.S. DollarShort
Downtrend in EURUSD
EURUSD started the year with a new low, reaching 1,0221.
The downtrend remains intact, with opportunities aligning with the trend direction following a correction.
Watch for a rejection at the resistance zone, which could present a selling opportunity.
The target is a retest of the previous low.
On Friday, the U.S. employment data is set to be released.
The downtrend remains intact, with opportunities aligning with the trend direction following a correction.
Watch for a rejection at the resistance zone, which could present a selling opportunity.
The target is a retest of the previous low.
On Friday, the U.S. employment data is set to be released.
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