EUR/USD Movement

13 thg 7, 2021

I believe EUR/USD forex pair has both short and long term movement. Currently the price is in a clear down trend. The price is at 1.7794 & technical indicators show hat the price will most definitely touch my support line. Some time after the price touches or surpasses the support level, it is within my analysis to believe that the price will reverse. I would wait for 3 confirmation candlesticks and for a cross in RSI, MACD, & EMAs. Once all of the following are verified. I'd continue for a long term buy on forex for EUR/USD.