Euro / U.S. Dollar
Long

MarketBreakdown | EURUSD, AUDUSD, USDCHF, EURCAD

187
snapshot

Here are the updates & outlook for multiple instruments in my watch list.

1️⃣ #EURUSD daily time frame 🇪🇺🇺🇸

Though the pair remains quite weak for the last few days,
I strongly believe that bulls have unrealized potential.

The pair may continue rising and reach the underlined yellow resistance soon.

2️⃣ #AUDUSD daily time frame 🇦🇺🇺🇸

The price is testing a significant horizontal resistance.
Its bullish breakout will provide a strong bullish signal.
The pair will go way higher then.

3️⃣ #USDCHF daily time frame 🇺🇸🇨🇭

The price is stuck within a narrow consolidation range.
I think that a sideways movement is going to continue
and the price will drop to the support of the range soon.

4️⃣ #EURCAD daily time frame 🇪🇺🇨🇦

The price action is contracting within a symmetrical triangle pattern.
Such a pattern signifies a deep indecision.
A breakout of one of its boundaries will indicate the side of the next market move.

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