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Hi to all of you.
I would like to share my analysis on EURUSD pair which I like to trade and to analyse. I hope you will like it. Feel free to check it out and leave a comment.
This week price reached $1.16178 level and then make a pullback to $1.16700 – $1.17000 area.
The price did just that and reached uptrend channel support level which is a confluence of horizontal resistance and uptrend support line. From there the price returned back to $1.16178, but since then the price changed from the bearish into the bullish sentiment.
When the price reaches $1.19000 – $1.19300 level we could see the price making a pullback back to $1.18200 before moving further up. The $1.18200 is an uptrend channel support area which will stop the price from falling down to $1.17000.
I would like to share my analysis on EURUSD pair which I like to trade and to analyse. I hope you will like it. Feel free to check it out and leave a comment.
This week price reached $1.16178 level and then make a pullback to $1.16700 – $1.17000 area.
The price did just that and reached uptrend channel support level which is a confluence of horizontal resistance and uptrend support line. From there the price returned back to $1.16178, but since then the price changed from the bearish into the bullish sentiment.
When the price reaches $1.19000 – $1.19300 level we could see the price making a pullback back to $1.18200 before moving further up. The $1.18200 is an uptrend channel support area which will stop the price from falling down to $1.17000.
EURUSD Forecast - Get Know Trading
EURUSD Forecast for the next week on a daily time frame with previous week analysis based on the price action analysis. Check what will happen on EURUSD
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