Sangam-Agarwal

EURUSD Support and resistance (April 2021)

Short
FX_IDC:EURUSD   Euro / Dollar Américain
wxy trend is been complete. this new trend is correction to wxy trend or beginning of last year trend continuation after wxy correction which will be confirmed after breakout of high of wave x at 1.22432.
the counter trend has not made at least 0.382 retracement, seller are waiting for resistance and fib retracement for sell.

it can make inverse head and shoulder pattern at yellow resistance near 0.382 retracement.
this pair has started this year in downtrend, will this bearish trend continue into Q2 ?,

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.