☑️EURUSD: "triangle" pattern
Updated
➡️ The dollar continued to lose ground against its major counterparts on Thursday, but a negative shift in risk sentiment helped the currency shake off selling pressure early Friday.
Earlier this week, news on Russian-Ukrainian talks suggested that the parties were moving closer to a peace deal. On Thursday, however, Ukrainian and Russian officials said no significant progress had been made in the talks. This negative moment speaks in favor of the dollar.
The trading range for the pair remains the same 1.08215 - 1.11307. However, it can be narrowed down further, since the currency pair is most likely now forming a "triangle".
❗️By the way, the types of this pattern are presented in front of you👇
Considering all of the above, an approach to the support line of this pattern is expected.
🔥EURUSD Forecast Results🔥
☑️EURUSD: important supports 👉 +85 points✅:
☑️EURUSD: chance of recovery 👉 +57 points✅:
☑️EURUSD: strengthening USD 👉 +61 points✅:
☑️EURUSD: buy setup 👉 +107 points✅:
➖➖➖➖➖➖➖
👍Thanks for your comments and likes👍
👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
Earlier this week, news on Russian-Ukrainian talks suggested that the parties were moving closer to a peace deal. On Thursday, however, Ukrainian and Russian officials said no significant progress had been made in the talks. This negative moment speaks in favor of the dollar.
The trading range for the pair remains the same 1.08215 - 1.11307. However, it can be narrowed down further, since the currency pair is most likely now forming a "triangle".
❗️By the way, the types of this pattern are presented in front of you👇
Considering all of the above, an approach to the support line of this pattern is expected.
🔥EURUSD Forecast Results🔥
☑️EURUSD: important supports 👉 +85 points✅:
☑️EURUSD: chance of recovery 👉 +57 points✅:
☑️EURUSD: strengthening USD 👉 +61 points✅:
☑️EURUSD: buy setup 👉 +107 points✅:
➖➖➖➖➖➖➖
👍Thanks for your comments and likes👍
👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
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