EURUSD
Updated
Hello dear friends
The price is currently within a 20-year range, from this range, a reaction can be expected.
According to the descending wedge pattern at the end of the downward trend and the positive divergence of the RSI , if the $1.00133 range is completely consumed in the current trend, there is a high possibility of forming an upward trend similar to the drawn scenario.
The price is currently within a 20-year range, from this range, a reaction can be expected.
According to the descending wedge pattern at the end of the downward trend and the positive divergence of the RSI , if the $1.00133 range is completely consumed in the current trend, there is a high possibility of forming an upward trend similar to the drawn scenario.
Comment
True, our transaction was not activated, but according to the analysis, an increasing trend was formed up to the specified range.In order to climb to the next range, it must move from the yellow area.
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