EURUSD Analysis – 09.Jan.2024
EURUSD Analysis: By re-examining the Euro/Dollar chart in the 12-hour time frame, we can see that the price first penetrated above 1.09530 and then started to fall again and finally closed below 1.09530! After that, the price was corrected again and its correlation with gold decreased! The main analysis is still valid and as long as the price is trading below 1.09530, my view is bearish!
(this post on tradingview)
Author : Arman Shaban
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