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- EUR/USD 30mins time frame chart
EUR/USD 30mins time frame chart
EUR/USD has been losing value since it hit new highs at 1.12$.
As we can see on 30 mins time frame chart, we can see that there is possible breakout of the trend line if the candle closes below that trend we may see eur/usd lose his value to 1.1695.
Therefore, our suggestion is, in bearish movement scenario, take profit at 1.1695 and stops above the trend line.
Otherwise, if price rejects the breakout we might see a bullish movement to the previous trend line.
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