Downtrend Line Rejection At 1.08452 31.05.2024

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Downtrend Line Rejection At 1.08452 31.05.2024 by BDSwiss_Academy on TradingView.com

– Downtrendline rejection at 1.08452, current rate around 1.08185 (15-min chart, EURUSD)

– If rejection holds, likely drop to 1.07868

– Break below 1.07868 could lead to further decline to 1.07226

– If rejection fails, likely rise to 1.08648

– Break above 1.08648 could lead to further increase to 1.08890

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