EURUSD can break through the channel
Dear friends, in general, EURUSD continues to show a range-bound movement. Looking at the technical picture of EURUSD on the 4-hour timeframe, we can see that it has formed a flag pattern and is currently facing resistance at the 1.0550 level. Currently, EU is trading around the support zone of 1.052 with a slight recovery. However, in the short term, after rising to the descending trendline, it will likely be quickly rejected. If the current support level is broken, there is a high possibility that EU will not be able to turn around.
What about you? Do you agree with this analysis?
What about you? Do you agree with this analysis?
Transaction en cours
The breakthrough from the flag is gradually proving the continued increasing trendNote
Note
The price increase channel is still working well
Publications connexes
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.
Publications connexes
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.