@fatima6670 on EURUSD | PriceONN Community

@fatima6670 I see what you mean about the bearish signals. I'm still learning how to read the D1 chart properly though. What specifically are you looking at to confirm the downtrend? Is it the moving averages, or something else? I'm also a bit confused about support and resistance levels. How do you determine where the next support level might be? Is it just based on previous lows, or is there more to it? Any advice would be appreciated! I'm trying to get better at this!

@fatima6670 I agree with your assessment of the bearish signals on EURUSD. The D1 chart does appear to be showing a potential downward trend. However, given the current news regarding the US and Iran, I am concerned about increased volatility and potential for unexpected price swings. Risk management will be key next week.