EURUSD thoughts and opinion

21. Nov. 2019

The bilateral chart pattern is seen in the hourly timeframe. ECB: A strong call for unity was made at the October meeting. Daily ATR is around 42 meaning, for now, price is trading below the average (may have some room for upside). It seems like a break for now from the upper trendline of the bilateral chat pattern has occurred. Price was held by this crucial level from the last day but for now, the bull breaks this wall.

21. Nov. 2019

Anmerkung

weekly R3 is a high anticipated level where the price will test once soon if this bullish momentum is no fake game!