EURUSD

Wait 5 sec.

EURUSDEuro/US DollarFX:EURUSDIvsWolfThe weekly timeframe rejected the key level at 1.20 with a strong bearish bar, setting up a long-term drop toward 0.98. Meanwhile, on H1, a pin bar at 1.16 guides us toward a target at 1.14, giving a risk-reward ratio of 5.95. Even with short-term pullbacks, I’ll focus on H1 pin bars rejecting key levels for continued shorts. Beyond the charts, the Eurozone’s economic decline and geopolitical tensions, like the ongoing war, weigh heavily on the euro. I expect this trend to continue all year, with the weekly trade setting a risk-reward ratio of 8.72. Stay cautious and trade wisely.