EUR USD SHORT

24 Nis 2022

Here is a simple weekly chart analysis for EUR USD . Price has broken all major support areas . Price is in a weekly down trend .If 1.08 level becomes resistant price will test 1.0650 and 1.0530 levels eventually. Price will do a correction in short time frame charts before it makes a new low. Good to go short after a price correction to upward in short time frame charts.

Supp - price is below all key moving averages
Broken support levels and price creating lower lows