Eurusd analysis: rising wedge pattern
Eurusd now trading at 1.0744 is now showcasing a rising wedge bearish pattern, the major resistance point of 1.0755-1.0765 can become a potential reversal point.
the current economical crisis happening in Europe along with major financial scenario of petrodollar issue can make euro crumble a bit comparing to us dollar.
we expect a bearish fall till 1.0720 and further down can go till 1.0680 area.
Alternative scenario.
a break above resistance point of 1.0770 can further enhance the upward correction of eurusd.
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the current economical crisis happening in Europe along with major financial scenario of petrodollar issue can make euro crumble a bit comparing to us dollar.
we expect a bearish fall till 1.0720 and further down can go till 1.0680 area.
Alternative scenario.
a break above resistance point of 1.0770 can further enhance the upward correction of eurusd.
for more such contents and market related updates boost follow and share us
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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.