EURO index has pushed up through a key zone and a strong trendline. On the weekly chart, we can clearly see price accumulating for the upward push which have now seen through this week.
I believe price exhaustion will happen and we will see it test this trend line and / or zone of buy sensitivity before price moves upward to test the next zone of sensitivity above it.
I believe price exhaustion will happen and we will see it test this trend line and / or zone of buy sensitivity before price moves upward to test the next zone of sensitivity above it.
Trade closed: target reached
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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.