EURUSD has been in down trend since 26/May but after price hit the 2018 key level at 1.12167 we saw how price consolidated so hard (indication of losing power) and maybe a sign for end of the down trend and a beginning of gain
Our expectation if price could break above the 200 EMA is a test on the upper band of the descending channel then to break above to retest the resistance level at 1.15245
I will be looking forward to know what is your opinion and expectation for this pair
Feel free to click the like button if you wish to see more of my charting
Have a nice weekend!
Our expectation if price could break above the 200 EMA is a test on the upper band of the descending channel then to break above to retest the resistance level at 1.15245
I will be looking forward to know what is your opinion and expectation for this pair
Feel free to click the like button if you wish to see more of my charting
Have a nice weekend!
