Eurusd uptrend
EURUSD
The market hit the next resistance. The price is testing resistance and upper border of the ascending channel after impulse leg. The market probably will go to ranging again because after impulse leg the market went to ranging before. I think the market will test resistance and may go down if price forms a fake break or fake break of the resistance zone . I expect fake break bar at the resistance zone and upward trendline, then a fall towards support level . My target is support at 1.07320.
The market hit the next resistance. The price is testing resistance and upper border of the ascending channel after impulse leg. The market probably will go to ranging again because after impulse leg the market went to ranging before. I think the market will test resistance and may go down if price forms a fake break or fake break of the resistance zone . I expect fake break bar at the resistance zone and upward trendline, then a fall towards support level . My target is support at 1.07320.
Penafian
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