EUR/USD Daily Trendline Breakout Analysis

The EUR/USD pair continues to trade within a downward trendline on the daily timeframe, suggesting sustained bearish momentum. With this setup, the next target is set between 1.00 and 0.97, while the stop loss is placed at 1.04 for effective risk management. This trading plan reflects a bearish outlook, aligning with the prevailing trendline and market dynamics.

Disclaimer: This analysis is simply a sharing of my personal trading plan and is not intended as financial advice. Please conduct your own research or consult a professional before making trading decisions.
EURUSDTrend Lines

Disclaimer