Reign_Barron

How will EURUSD move, should buy or sell?

Reign_Barron Updated   
FX:EURUSD   Euro / U.S. Dollar
Hello, what's your take on EURUSD?

Currently, this currency pair is experiencing a sideways movement, constrained below the resistance level of 1.074.

From the 2-hour chart, the downward trend is expected to continue as the combination of the 34 and 89 EMAs along with the RSI favors the bears at this moment.

I anticipate that after a short-term upward correction, the price will likely break out and decline further. What about you? What are your thoughts?
Trade active
Comment:

Join our exclusive Telegram group today and unlock a world of benefits:
🔥Instant Updates, expert Insights
🔥Community Support
🔥Exclusive Content
🔥Interactive Q&A Sessions
Don't miss out – click the link to join now:
👉 t.me/+qT8lUr7SLmI3MWI1
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.