Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š
Recently, price entered to rising channel, where it soon reached the support level, which coincided with the support area.
After this movement, the price broke this level, but soon turned around and corrected the support line of the channel.
Next, EUR went back to $1.1365 level and broke it again, after which it made a retest and continued to move up.
In a short time, EUR rose to the resistance line of the channel, made a correction, and then grew to $1.1700 support level.
Price broke this level too and reached the resistance line of the channel, but not long ago corrected.
At the moment, I expect that the Euro can correct to the support line of the channel and then rise to $1.1900
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Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Recently, price entered to rising channel, where it soon reached the support level, which coincided with the support area.
After this movement, the price broke this level, but soon turned around and corrected the support line of the channel.
Next, EUR went back to $1.1365 level and broke it again, after which it made a retest and continued to move up.
In a short time, EUR rose to the resistance line of the channel, made a correction, and then grew to $1.1700 support level.
Price broke this level too and reached the resistance line of the channel, but not long ago corrected.
At the moment, I expect that the Euro can correct to the support line of the channel and then rise to $1.1900
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Trade active
Great! Price little declined to support area, breaking support level. Now I expect that Euro can start to grow in channel.Trade closed: target reached
Price declined to support area and now I think it will continue to grow in rising channel.
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🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
đź’Ž ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
đź’Ž ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
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.