NOTE:
1 EURUSD has been in a MACRO range since 1985.
BULLISH REASONS:
1. It's at a major support.
2. Making higher lows.
3. 200 EMA is acting as support.
4. US FED is pausing rates.
5. Weekly GAUSSIAN CHANNEL is green.
BEARISH REASONS:
1. It's in a down trend parallel channel.
1 EURUSD has been in a MACRO range since 1985.
BULLISH REASONS:
1. It's at a major support.
2. Making higher lows.
3. 200 EMA is acting as support.
4. US FED is pausing rates.
5. Weekly GAUSSIAN CHANNEL is green.
BEARISH REASONS:
1. It's in a down trend parallel channel.
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.