EUR/USD pause falling this 2 weeks, is the EUR/USD down development ended ? do not be too optimistic. please test this chart, the blue line is our mannequin indicator, the mannequin worth has droped to the low of Nov 2022 (0.9824 ) , proper now the EUR/USD shut value is 1.0594 , there may be nonetheless a protracted technique to drop if this prediction is appropriate.
The identical case is the GBP/USD development , althought the day chart of GBPUSD appears to generatea “W form backside” candle sample, however our mannequin displaying that GBP/USD could correctly proceed to drop in close to future .
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