💶💵EUR/USD Finally Declining?
💶💵This post is a direct continuation of my previous post in which I wrote about accumulation and the possibility of another downward wave.
💶💵As you can see, we attacked the resistance zone again and started to fall from the beginning of the European session.
💶💵Again the technical environment supports the downward scenario, looking at the fact that we are again under the 50 moving average and the MACD and RSI are again generating downward signals. I have no doubt about the higher probability of declines from the current level.
💶💵The support zone was determined by the fibo level of the 0.236 wave from the bottom to the current peak.
💶💵The scenario I am playing out is a continuation of declines to the vicinity of the support zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💶💵*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
💶💵This post is a direct continuation of my previous post in which I wrote about accumulation and the possibility of another downward wave.
💶💵As you can see, we attacked the resistance zone again and started to fall from the beginning of the European session.
💶💵Again the technical environment supports the downward scenario, looking at the fact that we are again under the 50 moving average and the MACD and RSI are again generating downward signals. I have no doubt about the higher probability of declines from the current level.
💶💵The support zone was determined by the fibo level of the 0.236 wave from the bottom to the current peak.
💶💵The scenario I am playing out is a continuation of declines to the vicinity of the support zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💶💵*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 www.t.me/Investmatez 💲
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