📊 Technical Analysis
● A completed AB=CD (0.883 / 1.112) pattern at the channel floor (1.1488) produced a hammer, signalling exhaustion of bears at the measured PRZ.
● Price is now reclaiming the micro structure high 1.1526; that flips the inner range to support and opens the next intra-channel pivot 1.1560, with room to the upper wall near 1.1600.
💡 Fundamental Analysis
● EZ May trade balance swung back to a €4 bn surplus while weak US housing starts shaved another 4 bp off 2-yr yields, compressing the short-rate gap and underpinning EUR bids.
✨ Summary
Buy 1.1500-1.1530; break >1.1560 targets 1.1600, stretch 1.1650. Bull bias void on 30 min close below 1.1480.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
● A completed AB=CD (0.883 / 1.112) pattern at the channel floor (1.1488) produced a hammer, signalling exhaustion of bears at the measured PRZ.
● Price is now reclaiming the micro structure high 1.1526; that flips the inner range to support and opens the next intra-channel pivot 1.1560, with room to the upper wall near 1.1600.
💡 Fundamental Analysis
● EZ May trade balance swung back to a €4 bn surplus while weak US housing starts shaved another 4 bp off 2-yr yields, compressing the short-rate gap and underpinning EUR bids.
✨ Summary
Buy 1.1500-1.1530; break >1.1560 targets 1.1600, stretch 1.1650. Bull bias void on 30 min close below 1.1480.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.