EUR/USD CONTINUES TO CONSOLIDATE
Prices still trading well below 10 day EMA and 15 day SMA.Major bearish trend still intact .Current H4 candle close above support trend line area shows a possible retracement move higher within this triangle.Break above 1.0966 area and 1.0974-1.0988 area could come into play. SMA resistance currently @ 1.0994 . A close below 1.0920 area puts support @ 1.0908-1.0912 in focus.Below that minor support levels are 1.0896-1.0888
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.