EURUSD Analysis 18th Aug
Market seeing a possibly strong buy but might also go into a channel between a support & resistance
Conflict between two divergences with one implying a continuing bull signal following up the one signalling a reversal
=> possibly more uptrend but conflicted. Long pos is good if price breaks above resistence or does confirmation once broke up.
Conflict between two divergences with one implying a continuing bull signal following up the one signalling a reversal
=> possibly more uptrend but conflicted. Long pos is good if price breaks above resistence or does confirmation once broke up.
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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.