This week's prediction is based on the analysis performed and what I think is going to happen. EURUSD is currently in an ascending triangle on the H1 timeframe. There is a monthly resistance just above the end of the channel and I believe it will break out to the upside, reject the monthly resistance and the drop to the downside.
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.
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.