EURUSD ( UNDER BEARISH PRESSURE ) ( 4H )
Updated
EURUSD
HELLO TRADERS
TARGET LEVEL :
HELLO TRADERS
- Tendency the price trade below resistance trendline , indicates the price is under bearish pressure
- TREDN ANALYSIS : resistance trendline toward a downward a direction , and the price stabilizing below this , indicates the price trying to reach a support level .
- TURNING LEVEL : a blue line between resistance and support level around 1.084 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level .
- RESISTANCE LEVEL : there is a green line around 1.089, indicates selling have already increase this level , so if the price breaking turning level reach this level .
- SUPPORT LEVEL : there is a red line below turning level around 1.075, indicates buying have already increase this level , so if the price stable below turning level reach this level .
- PRICE MOVEMENT : first the price will trying to rising a turning level around 1.084 , after dropping to the support level around 1.075 , then stable below this level reach 1.069 , if the price breaking turning level reach a resistance level by 1.089 , then stable by open 4h candle above this level reach a 1.095
TARGET LEVEL :
- RESISTANCE LEVEL : 1.089 , 1.095
- SUPPORT LEVEL : 1.075 , 1.069
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