2024-11-10 19:39
IndustryWeekly Outlook: EURUSD Bearish Trend
1. Key Resistance Level: 1.075 is the main resistance level. If the price reaches this level and faces rejection, it could signal a continuation of the downtrend.
2. Support Levels: 1.068 and 1.065 are important support levels. If the price moves lower and approaches these areas, it may find temporary support.
3. Investor Advice: The overall trend is bearish. Retail investors should look for short opportunities near the resistance level and consider taking profits as the price approaches the support levels.
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Weekly Outlook: EURUSD Bearish Trend
Hong Kong | 2024-11-10 19:39
1. Key Resistance Level: 1.075 is the main resistance level. If the price reaches this level and faces rejection, it could signal a continuation of the downtrend.
2. Support Levels: 1.068 and 1.065 are important support levels. If the price moves lower and approaches these areas, it may find temporary support.
3. Investor Advice: The overall trend is bearish. Retail investors should look for short opportunities near the resistance level and consider taking profits as the price approaches the support levels.
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