EURUSD on the path to test 1.22
#EURUSD:
(1D):
As expected from last week's analysis, EU came all the way back to support around 1.205 to bend to the upside once again, following the overall bullish direction. We are about to see 1.22 resistance being tested, where I will be looking for a bullish opportunity once broken to the upside.
(4H):
On the lower timeframe, we have more detailed information above the retracing leg down on 1D. Namely a falling wedge, eventually broken and retested.
(1H):
Price action has been quite choppy as of late. For this reason, i will be waiting for a bullish bullish continuation setup once across next resistance, aiming for the 4H wedge top. If developing on a larger scale, i will be interested to see 1.24 as next target.
(1D):
As expected from last week's analysis, EU came all the way back to support around 1.205 to bend to the upside once again, following the overall bullish direction. We are about to see 1.22 resistance being tested, where I will be looking for a bullish opportunity once broken to the upside.
(4H):
On the lower timeframe, we have more detailed information above the retracing leg down on 1D. Namely a falling wedge, eventually broken and retested.
(1H):
Price action has been quite choppy as of late. For this reason, i will be waiting for a bullish bullish continuation setup once across next resistance, aiming for the 4H wedge top. If developing on a larger scale, i will be interested to see 1.24 as next target.
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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.