RLinda Trading

Professional trader with more than 12 years of experience in Forex, gold and cryptocurrency markets, including work with various exchanges, brokers and market makers, a large amount of theoretical and practical knowledge. With these capabilities in mind, we offer you the best signal provider service. Best forex signals, crypto signals and accurate gold signals will allow you to become a winner in trading
R.Linda Trading - forecast

Trading signals for #EURUSD → Retest of resistance leads to new sales

FOREX forecast
💡Ideas For EURUSD 🇪🇺/🇺🇸

📈 EURUSD → Retest of resistance leads to new sales

➖ ➖ ➖ ➖ ➖

#EURUSD is forming a retest of resistance of the descending price channel. On the senior timeframe (D1) the preconditions for further sell-offs are forming

The market is in the bear market phase. The resistance retest forms a consolidation of the price below the level, which forms a bearish potential before the further fall. At the moment, the fundamental background of the DXY is quite strong and thus, the Euro will weaken against it, which is what we see. On the monthly chart the price is testing an important support level. On the background of a strong fall, a false breakdown may be formed, which may be followed by a correction. The market cannot fall all the time and at some time EURUSD may go into the phase of consolidation (correction or flat formation). Moving averages act as resistance.

Support levels: 1.05000, 1.0557

Resistance levels: 1.0610, 1.0635

I expect the continuation of the fall to the mentioned support area with the subsequent breakout and further fall to 1.0350

➖ ➖ ➖ ➖ ➖

#EURUSD 🇪🇺/🇺🇸

〰️〰️〰️

🟡 How do I join the VIP🔅

Join the VIP channel 🟢

〰️〰️〰️

💬 My Contact - Ask Linda✅️

💻 Web - RLinda.com