EURUSD - Continuous downward

Generally, the direction is uptrending.

Uptrend Side: The EUR/USD reversed from its breakout, fell, and stabilized below 1.1140. As long as the price remains below this level, it will attempt to reach 1.1080. A move below it at 1.1080 will lead to consolidation between this level and the resistance at 1.1006.

Correction: currently the price is trading in the rise correction

Downtrend Side: the price should reverse and stabilize above the 1.1140 by closing the 4H candle to touch 1.1179.

Tendency Keys: 1.1140
Chart PatternsHarmonic PatternsTrend Analysis

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