Weekly:
Price is currently at weekly resistance 1.12000. Nonetheless it is currently in a down trend making LL and LH.
Daily:
Price is in a nice channel. It is on its weay to touchdown on the bottom of the channel before its potential continuation up.
4 Hour:
Price completed a head and shoulders formation with break through the neck. It is retesting the neck at 1.11500 - 1.12500 for its continuation down to next level support at 1.07500 - 1.08000
Wishing everyone a wonderful trading week!
Price is currently at weekly resistance 1.12000. Nonetheless it is currently in a down trend making LL and LH.
Daily:
Price is in a nice channel. It is on its weay to touchdown on the bottom of the channel before its potential continuation up.
4 Hour:
Price completed a head and shoulders formation with break through the neck. It is retesting the neck at 1.11500 - 1.12500 for its continuation down to next level support at 1.07500 - 1.08000
Wishing everyone a wonderful trading week!
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.
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.