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EURUSD - Downward trend will continue, Short trade by market price recommended

Jacob Powell on FXSSI Jacob Powell Expert
main-sell-market-trend-1
Forecast Details
PairEURUSD
Publication Time6/30/26 8:16 AM
Direction Sell
Status Closed (1.1415)
8:16
8:16
Jun. 30, 2026
Forecast
-55 p
1.1450
Stop Loss
1.1395
Entry
+55 p
1.1340
Target 1
+95 p
1.1300
Target 2
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Chart & Analyst Comments

main-sell-market-trend-1
  1. The Current Ratio indicator, which is used for quick market sentiment analysis, provides Sell signal at the moment.
  2. When the price rises, a signal is formed (orange labels), which implies a downwards movement.
  3. Price broke through the MVP line and rushed down. We consider this a sign for further EURUSD price decrease.
  4. The first target is at the level of the previous bottom - 1.134, and the second one, in case of an active price decrease, is at the level - 1.13
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