InvestMate 💶💵 EUR/USD Continuing Declines 💶💵
💶💵 EUR/USD Continuing Declines
💶💵 Nearest strong support zone: around the 0.382 fibo level of the downward wave.
💶💵 Nearest strong resistance zone: around local peaks.
💶💵 Technical environment:
📊 Moving averages: 50/50
📊 MACD: Uptrend
📊 RSI: Downtrend
💶💵 Price action: EUR/UUSD Continues its way south after hitting the 50-period moving average, I still expect the execution of a downward impulse which with its range will take the precious around the nearest strong support zone. Looking at the way the price is behaving, I expect this in the perspective of the currently ongoing week.
📉 The scenario I'm playing out is a continuation of declines. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. 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.
🚀 If you appreciate my work and effort put into this post, I encourage you to leave a like and follow on my profile. 🚀
💶💵 Nearest strong support zone: around the 0.382 fibo level of the downward wave.
💶💵 Nearest strong resistance zone: around local peaks.
💶💵 Technical environment:
📊 Moving averages: 50/50
📊 MACD: Uptrend
📊 RSI: Downtrend
💶💵 Price action: EUR/UUSD Continues its way south after hitting the 50-period moving average, I still expect the execution of a downward impulse which with its range will take the precious around the nearest strong support zone. Looking at the way the price is behaving, I expect this in the perspective of the currently ongoing week.
📉 The scenario I'm playing out is a continuation of declines. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. 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.
🚀 If you appreciate my work and effort put into this post, I encourage you to leave a like and follow on my profile. 🚀
Trade fechado: objetivo atingido
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.