EUR/USD: Continuing to Seek New Highs
Hey traders, what are you expecting from EUR/USD? Will it rise or fall?
From my perspective and analysis, it wouldn’t be surprising if EUR/USD continues to rise. The pair is moving around 1.050 and is strongly supported by the parallel price channel maintained by buyers.
EUR/USD’s target is further reinforced as it remains above the EMA 34 and 89 levels. As long as the price channel is protected, the strategy remains to buy when the price increases. The condition for this strategy is that the lower boundary of the channel must hold, and the 1.052 resistance must turn into support.
What about you? Do you agree with my view? Share your thoughts in the comments!
From my perspective and analysis, it wouldn’t be surprising if EUR/USD continues to rise. The pair is moving around 1.050 and is strongly supported by the parallel price channel maintained by buyers.
EUR/USD’s target is further reinforced as it remains above the EMA 34 and 89 levels. As long as the price channel is protected, the strategy remains to buy when the price increases. The condition for this strategy is that the lower boundary of the channel must hold, and the 1.052 resistance must turn into support.
What about you? Do you agree with my view? Share your thoughts in the comments!
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✅You can get 5 - 7 gold signals - Forex every day
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+QXTdazFwCRg5MGNl
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+QXTdazFwCRg5MGNl
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.