Analysis made with the techniqe of our educator Evan Cabral.
The pair is on a channel in H4.
It has reached the strong resistance zone and it is going down.
Although this morning was a fundamental event (Manufacturing Production), the price did not seem to have an aggressive behaviour.
It is important to analyze how does the market behave when it opens next Sunday.
The pair is on a channel in H4.
It has reached the strong resistance zone and it is going down.
Although this morning was a fundamental event (Manufacturing Production), the price did not seem to have an aggressive behaviour.
It is important to analyze how does the market behave when it opens next Sunday.
Note
H1Note
Strong zone of support and resistance
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.