EURUSD is currently trading within a wide horizontal range.
1.218 is its resistance.
1.196 is its support
To catch a bullish trend continuation, I recommend you to wait for a bullish breakout of the resistance first.
Only then bullish continuation will most likely follow.
While the price remains within the range, for us it signifies indecision.
Only breakout can clarify the future market direction.
Note
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.