Eurusd downtrend
EURUSD
The price was pushed higher, and it broke above the resistance. The price is updating swing highs on the 4H timeframe, potentially forming a triangle pattern. I think the market may test the main resistance at 1.1000 if it pulls back to the support area and upward trendline, which is the downward channel border. My goal is the resistance zone at 1.09500.
The price was pushed higher, and it broke above the resistance. The price is updating swing highs on the 4H timeframe, potentially forming a triangle pattern. I think the market may test the main resistance at 1.1000 if it pulls back to the support area and upward trendline, which is the downward channel border. My goal is the resistance zone at 1.09500.
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