EUR USD - Ascending triangle!
Updated
Morning traders! Today i'm here with an analysis about EUR USD . In 4h timeframe we can see that eur-usd is moving from 1 week into an ascending triangle , where 1.24 zone act as resistance and an ascending trendline that starts from the low around 1.23 acting as support. Obviously i'm waiting for a breakout , but at the moment in my opinion the possibility are higher for a bullish leg, cause of the EMA 100 and 200 that are acting as support zone . After the breakout next stop might be 1.25 zone , important daily resistance. Leave me below some comments about it . See you next time !
Comment
Triangle broke downwards , next zone that might be touched is 1.22Comment
1.22 zone has been broken , now might act as resistanze , let's wait Mario Draghi's conference today .
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