Forex Signal For EUR/USD: All Curves Are Expected to Be Upside Down.
Forex Signal For EUR/USD: All Curves Are Expected to Be Upside Down.
The pair is likely to continue falling as the Bear Market targets the next key support level at 1,0720.
Bear Market View
- Sell EUR/USD pair and base 1,07200 value.
- Add a stop-loss to 1,900.
- Timeline: 1-2 days.
Forex Signal For EUR/USD: All Curves Are Expected to Be Upside Down.
Bull Market View
- Set stop-buy to 1,0850 and set dividend distribution to 1,0910.
- Add a stop-loss to 1,0750.
Easter weekend extends and the euro/dollar double downward trend weakens Friday and Monday mornings, trading at 1,0815, close to its lowest level since March 2020.
It has dropped by more than 3% from its highest level this month.
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