EURUSD Consolidation & Indecision
🔰EURUSD is stuck between two structures forming a horizontal trading range.
To identify a future direction of the market I would suggest waiting for a breakout.
🔰Bullish violation of the resistance of the range will trigger a bullish continuation to 1.0936 resistance.
🔰Bearish breakout of its support will push the market lower to 1.0462 support.
To confirm a breakout we need a daily candle close below/above the structure.
🔰EURUSD is stuck between two structures forming a horizontal trading range.
To identify a future direction of the market I would suggest waiting for a breakout.
🔰Bullish violation of the resistance of the range will trigger a bullish continuation to 1.0936 resistance.
🔰Bearish breakout of its support will push the market lower to 1.0462 support.
To confirm a breakout we need a daily candle close below/above the structure.
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Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
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.