Euro / Dólar Americano
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Lingrid | EURUSD in Bearish TREND. New LOWER Lows

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The price perfectly fulfilled my last idea. It hit the target. EURUSD currency recently made an impulsive move, breaking through the significant level at 1.03000. On the 1H timeframe, the market formed a long-tailed bar, indicating buying pressure or a potential pullback. I anticipate that the market to roll back towards the resistance zone marked by November's low. I expect the market to bounce off this resistance zone and the downward trendline, which would present an opportunity for trend continuation. There is also a possibility that the price may form an ABCD pullback pattern. My goal is support zone around 1.02500

Lingrid | EURUSD trend CONTINUATION from RESISTANCE


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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