🚨EURUSD will Go Down by Ascending Broadening Wedge Pattern🚨

🏃‍♂️EURUSD is moving near the 🔴Resistance zone($1.0806-$1.0781)🔴.

📈According to Classical Technical Analysis, EURUSD seems to have succeeded in forming an Ascending Broadening Wedge Pattern.

💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.

🔔I expect EURUSD to at least decline to the 🎯Target🎯 I have marked on the chart.

Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰.

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Transaction en cours

Commentaire:

The EUR has again reacted well to the 🔴Resistance zone($1.0806-$1.0781)🔴 and I still expect the EUR to drop to at least $1.072.

Commentaire:

EURO should first break the Uptrend line and then wait for the Target($1.072).

Commentaire:

EURO was able to break the uptrend line; you can risk-free your position or take profit; I choose RISK-FREE.

Commentaire:

Running well, The analysis is valid as long as the resistance zone is not broken.