📊 Technical Analysis
● EUR/USD continues to trade within a descending channel, respecting the resistance line drawn from the October highs. A breakdown below 1.1510 could extend losses toward 1.1490–1.1450, confirming short-term bearish momentum.
● The price action shows consistent lower highs and failed breakouts above the resistance zones, signaling continued seller dominance.
💡 Fundamental Analysis
● The euro remains pressured by weak Eurozone manufacturing data and hawkish Fed tone, favoring further dollar strength.
✨ Summary
● Short bias below 1.1530; target 1.1490–1.1450. Bearish channel structure aligns with dollar-positive fundamentals.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
● EUR/USD continues to trade within a descending channel, respecting the resistance line drawn from the October highs. A breakdown below 1.1510 could extend losses toward 1.1490–1.1450, confirming short-term bearish momentum.
● The price action shows consistent lower highs and failed breakouts above the resistance zones, signaling continued seller dominance.
💡 Fundamental Analysis
● The euro remains pressured by weak Eurozone manufacturing data and hawkish Fed tone, favoring further dollar strength.
✨ Summary
● Short bias below 1.1530; target 1.1490–1.1450. Bearish channel structure aligns with dollar-positive fundamentals.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Operación cerrada: objetivo alcanzado
Closed +30 PIPS
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.