The EURUSD pair is on a Channel Up inside a larger Channel Up pattern. The 1day MA50 has just started rising for the first time since February 17th.
As long as the short term Channel Up (dots) holds, target 1.11850 (Resistance A).
If it breaks, aim for Support B and buy again, with a target even higher this time at 1.13350 (+7.85% rise such as the first leg of the larger Channel Up.
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As long as the short term Channel Up (dots) holds, target 1.11850 (Resistance A).
If it breaks, aim for Support B and buy again, with a target even higher this time at 1.13350 (+7.85% rise such as the first leg of the larger Channel Up.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.