COVID cases are on the rise across Europe. Germany and France are expected to implement new measures and closure for 2 weeks in order to limit the spread. This contributes to EUR sales.
Technically we have a break of triangle in a downward direction and this shows us what to expect.
At the moment the first resistance is 1.1798 and from there we can expect repulsion and the beginning of a downward movement. The initial target of such a decline would be 1.1702
Going back to the triangle area will spoil this scenario.
To support us, like and comment!
Technically we have a break of triangle in a downward direction and this shows us what to expect.
At the moment the first resistance is 1.1798 and from there we can expect repulsion and the beginning of a downward movement. The initial target of such a decline would be 1.1702
Going back to the triangle area will spoil this scenario.
To support us, like and comment!
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✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.
