Weekly technical analysis of EUR-USD

The euro is trading under the downtrend on H4, after liberating from the symmetrical triangle on the above chart. The trend now is to sell the market under the downtrend while keeping the stop loss above the trend.

If the trend breaks up, it is possible to buy above the breakout area until selling from the main point 1.1060

Either in the case of a decline or stability below the trend, the decline is the master of the situation until the purchase from the main point 1.0490

It is preferable to follow the US economic data at the present time to speculate on the seriousness of any trend and strengthen the analysis

The general trend is down as long as prices are below the trend