Euro / U.S. DollarShort
Eurusd rejecting key levels
Based on the weekend analysis on eurusd we talked about the dollar strengthening,and now we see multiple rejection on H4 & H1 Timeframe (sort of triple top formation)
So we have nice confluence with trendline plus the break of the neckline of triple top. so we still need price to be below the daily head and shoulder pattern. around 1.07400 level.
This was the video explanation, please watch it to get clear understanding
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So we have nice confluence with trendline plus the break of the neckline of triple top. so we still need price to be below the daily head and shoulder pattern. around 1.07400 level.
This was the video explanation, please watch it to get clear understanding
Follow for more forex analysis
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Related publications
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.