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EURUSD Rejected at 2022 Trend Line; What’s Next?

From dailypriceaction.com

EURUSD tested a critical level from 2022 today at 1.0839, which could lead to a more substantial move in the coming days. I’ll have the latest on that in today’s video, including key levels, targets, and a trade I put on earlier today. Plus, the latest on the US Dollar Index (DXY). {video} Over the weekend, I mentioned a EURUSD trend line from the 2022 low. The specific area I mentioned was 1.0830 to 1.0840. The euro tested that level today with a session high of 1.0839. However, we haven’t yet seen EURUSD indicate that a significant top is in for the pair. So, right now, this is a mere retest of a long-running trend ... (full story)

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  • Category: Technical Analysis