Tuesday, May 07, 2024

EUR/USD reaches the top zone in downtrend. Wait for Reversal (or) Breakout?
1 mins well spent

EUR/USD Analysis : 

EUR/USD is moving in a downtrend by forming Lower Highs and Lower Lows in H4 Chart.

Now, EUR/USD reaches the top zone, Please wait for the confirmation of reversal or breakout to enter into the market.

Education Notes :

Uptrend = Higher Highs and Higher Lows

Downtrend = Lower Highs and Lower Lows

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