Greetings dear Traders this is my analysis for EURUSD and it is Long.
On the chart we can see that the price has touched the Resistance Line and it is went for a solid downtrend movement and if it continues to the support line(if the price touches the support line) we can open a long position.
On the indicator we can see a preparation for a uptrend movement.
Traders make your own analysis before trading.
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Note
You can see how the price has grown after the touch of the Resistance Line went for a downtrend movement
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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.