EURUSD Ready to fall
Hello traders,
On a 4 hour time frame we see price moving in a down trend fashion,
Now at 1.0180 we see the end of the third consolidation by observing the momentum of bulls,
Also price has failed to break above the resistance line, And looking at Friday news data which pionts to a strong dollar, we may see bears break below the consolidation structure.
If price succsesful break below 1.0100 in the coming week, we may see the likes of 1.0000 as our first target then 0.99100 as second target.
If you find my analysis helpful and productive, press the like button follow and comment your view in the comment section, this motivates me to bring this kind of update frequently.
On a 4 hour time frame we see price moving in a down trend fashion,
Now at 1.0180 we see the end of the third consolidation by observing the momentum of bulls,
Also price has failed to break above the resistance line, And looking at Friday news data which pionts to a strong dollar, we may see bears break below the consolidation structure.
If price succsesful break below 1.0100 in the coming week, we may see the likes of 1.0000 as our first target then 0.99100 as second target.
If you find my analysis helpful and productive, press the like button follow and comment your view in the comment section, this motivates me to bring this kind of update frequently.
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