EURUSD
Locally, the price is moving in an ascending channel, and the corrective movement in this range may continue to the level of 1.07500. To consider the possibility of selling and continuing the downward movement, it is better to wait for the consolidation of the channel level and retest. with targets up to 1.00000 (parity)
What can you expect?
You can consider entering from the nearest levels of 1.05500 with a small risk, in theory, with a target of 1.07500.
It is better not to take increased risks; correction is being traded. Cancel the idea if the price consolidates at the channel level.
Long
Targets 1.06374 – 1.06954 – 1.07500
Locally, the price is moving in an ascending channel, and the corrective movement in this range may continue to the level of 1.07500. To consider the possibility of selling and continuing the downward movement, it is better to wait for the consolidation of the channel level and retest. with targets up to 1.00000 (parity)
What can you expect?
You can consider entering from the nearest levels of 1.05500 with a small risk, in theory, with a target of 1.07500.
It is better not to take increased risks; correction is being traded. Cancel the idea if the price consolidates at the channel level.
Long
Targets 1.06374 – 1.06954 – 1.07500
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.
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.