EURO-bull channel gets tested
Hello everyone
As I said earlier today, because of the news from federal reserve, USD is in a down trend,there fore every pair with this currency is in a good uptrend.
For EURUSD, We have a bull trend line with a good amount of buy volume on 1.05$, so it's safe to say we have a good amount of support on this level.the resistance level of 1.06$ may have some effects in the next 2-3 bars in 4 hours but as we have an OIO pattern(outside ,inside ,outside), the bull trend is more likely to resume.
As I said earlier today, because of the news from federal reserve, USD is in a down trend,there fore every pair with this currency is in a good uptrend.
For EURUSD, We have a bull trend line with a good amount of buy volume on 1.05$, so it's safe to say we have a good amount of support on this level.the resistance level of 1.06$ may have some effects in the next 2-3 bars in 4 hours but as we have an OIO pattern(outside ,inside ,outside), the bull trend is more likely to resume.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.