EURUSD: Growth after false breakout
After the distribution, which is a corrective movement to support, we observe the consolidation of the instrument with a false breakout of the channel border.
The currency pair stopped at the 1.218 liquidity zone, after the end of the consolidation, I think that the instrument should rise to resistance 1.2256
The currency pair stopped at the 1.218 liquidity zone, after the end of the consolidation, I think that the instrument should rise to resistance 1.2256
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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.