Descending triangle in EURUSD
EUR/USD Technical Analysis:
A Descending Triangle pattern has formed on the EUR/USD chart, indicating a potential bearish breakout. Here are the key points:
1. Resistance: 1.05660
2. Support: 1.05052
3. Target: 1.04383
Breakout Alert:
The EUR/USD has broken below the support level, confirming the bearish breakout. This could lead to a continuation of the downtrend.
Selling Opportunity:
The breakout below the support level has triggered a selling opportunity, with a target at 1.04383.
Stay tuned for further updates and analysis on the EUR/USD market!"
Best Wishes Tom 😎
A Descending Triangle pattern has formed on the EUR/USD chart, indicating a potential bearish breakout. Here are the key points:
1. Resistance: 1.05660
2. Support: 1.05052
3. Target: 1.04383
Breakout Alert:
The EUR/USD has broken below the support level, confirming the bearish breakout. This could lead to a continuation of the downtrend.
Selling Opportunity:
The breakout below the support level has triggered a selling opportunity, with a target at 1.04383.
Stay tuned for further updates and analysis on the EUR/USD market!"
Best Wishes Tom 😎
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Stay grouped with us we try to provide you best 🤩
For any help contact us on telegram 👇👇
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