for tomorrow, EURUSD will go down and retest the risk zone. 1Mn timeframe still show downtrend, but the major trend have been giving a sign of going up and will start trying to break main resistance.
how about you guys? if anyone has other ideas, please let me know in the comments.
fxstreet.com : EUR/USD is gaining ground on broad-based dollar selling. The pair is closing on a crucial trendline hurdle at 1.1140. With gold rising amid trade optimism, a breakout looks likely. The EUR/USD pair has reached the 1.1100 level, looking bullish in the short-term, mainly after recovering above the 50% retracement of its December rally, a level that...
if we look in more detail at the M15 timeframe, GBPJPY is forming a harmonious chart pattern
this is another POV of EURUSD in case of falling down
Still above MA-34 trend line. Indicates the possibility of rising to the nearest resistance. We can use MA-34 on H4 timeframe as support line.
what do you think? trendline looks amazing right?
Waiting for the MA-13 & MA-21 intersection for better place when you decided to SELL.
As you can see, chart has broke the middle of resistance line. The chart is above the trendline of MA-21 & MA-34
GBPUSD broke the previous highest price. MA-21 & MA-34 still show an upward trend.