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EURUSD - Daily fall

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Euro / USA-dollar (FX:EURUSD)  
Sober_Trading Uppdaterad   
FX:EURUSD   Euro / USA-dollar
Chart Patterns Trend Analysis Beyond Technical Analysis EURUSD EUR USD Forex DXY eurodollar Contains image
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chartpattern trendanalysis beyondta eurusd eur usd forex dxy eurodollar containsimage
The EURUSD pair has been consistently making lower highs, indicating a loss of bullish momentum.
This pattern suggests the potential for a breakdown below the current support, eyeing a move towards the major support zone.
Traders should watch these levels closely for signs of continued bearish movement.
Kommentera:
EURUSD has indeed crossed down past the support zone and traversed most of the path we anticipated.
It's gratifying to see our analysis come to fruition as the pair approaches our projected levels.

snapshot
Kommentera:
The breaking of the 1-Hour trendline suggests more fall for EURUSD.

snapshot
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