A bullish triangle seems to be formed on the EURUSD, an upside breakout would lead to 1.07 and to test the mid range of the larger descending channel at 1.083 and finally to 1.10.
Stochastics seem to paint the opposite picture on the 4h chart, but is oversold on the daily timeframe, which gives hope to this setup.
Waiting to see if it goes there.
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This is not trading advice.
Stochastics seem to paint the opposite picture on the 4h chart, but is oversold on the daily timeframe, which gives hope to this setup.
Waiting to see if it goes there.
***
This is not trading advice.