• Vasily Trader

EURUSD: Technical Analysis & Very Bearish Outlook

Hey traders,

EURUSD is trading within a wide horizontal trading range on a daily.

1.166 is its support

1/191 is its resistance

Reaching the upper boundary of the range, the market started to fall sharply.

I will expect a further decline to the lower boundary of the range.

Being quite oversold, the price may pull back before the goal will be reached.

Good luck!

1 view