During the Draghi's Press Conference yesterday, the pair has triggered a reversal bar on resistance area , but at the same time, it is maintaining key support. From a technical perspective, the pair created a NEUTRAL AREA. The key level violation (resistance/support) will trigger the next swing.
If you look closely daily chart analysis (see chart below), we see the same invalidation level of bullish FLAG .
DAILY ANALYSIS ( BULLISH FLAG )
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Thank you for support and trade with care!
If you look closely daily chart analysis (see chart below), we see the same invalidation level of bullish FLAG .
DAILY ANALYSIS ( BULLISH FLAG )
If you think this analysis can be useful, leave a your comment or your LIKE!
Thank you for support and trade with care!
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Have you a nice weekend!
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Maybe later or tomorrow morning, we will publish an update about eurusd...
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...the pair is working a resistance area!
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