Online source for the latest forex and trading news. Stay informed with up-to-date market trends, expert analysis, and insightful articles to help you make smart trading decisions

Tuesday, July 23, 2024

EUR/USD. July 23rd. Bears are not in a hurry to break the "bullish" trend

Back
Technical analysis



Back
Technical analysis


EUR/USD. July 23rd. Bears are not in a hurry to break the "bullish" trend


On Monday, the EUR/USD pair continued




The premium article will be available in
00:00:00

23.07.2024 04:25 PM






The premium article will be available in00:00:00

23.07.2024 04:25 PM




On Monday, the EUR/USD pair continued to decline after consolidating below the 100.0% corrective level at 1.0917 towards the 76.4% Fibonacci level at 1.0858 and the lower line of the upward trend channel, which continues to characterize the current market sentiment as "bullish." A rebound from this line or level will favor the euro and some growth towards 1.0917. Consolidation below the corridor will allow for the expectation of a "bearish" trend. The wave situation has become more




Fresh articles are available only to premium users


Read analytics in early access, getting information first
Get

Pentru mai multe detalii, va invitam sa vizitati stirea originala.

No comments: