EUR/USD: price may fall to (0/8)

 

EUR/USD four-hour chart. The currency pair continues to move downwards. Level 1.1780 (1/8) tested. So far, we don’t see reversal signals being created, so after adjusting the four-hour supertrend line, we expect the downward movement to resume and the stock to drop to the main support level of 1.1719 (0/8). This scenario will be canceled after the price is set above the four-hour supertrend line. Seeds: buy 1.11815 take profit 1.1719