EURUSD Short term rebound possible.
EURUSD is testing its 4hour MA50 after consolidating all day yesterday around the 1.0300 level.
Based on the 4hour MACD, we have a consolidation similar to January 16th-17th, which ended up forming Resistance B.
As we just formed the 2nd Bullish Cross on the 4hour MACD, we expect a similar rise to take place.
Buy and target 1.04375, which is the bottom of Resistance A.
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Based on the 4hour MACD, we have a consolidation similar to January 16th-17th, which ended up forming Resistance B.
As we just formed the 2nd Bullish Cross on the 4hour MACD, we expect a similar rise to take place.
Buy and target 1.04375, which is the bottom of Resistance A.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.