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The Bearish Rectangle has formed on the EURUSD M30 chart and indicates a likely continuation of the trend. Its upper boundary is at 1.1674 and its lower boundary is at 1.1660. A short position may be considered once the price closes below the lower boundary at 1.1660 of the Bearish Rectangle. FX.co ★ EURUSD M30: Bearish Rectangle
Signal strength 3 of 5
EURUSD M30: Bearish Rectangle
The Bearish Rectangle has formed on the EURUSD M30 chart and indicates a likely continuation of the trend. Its upper boundary is at 1.1674 and its lower boundary is at 1.1660. A short position may be considered once the price closes below the lower boundary at 1.1660 of the Bearish Rectangle. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade