Trend test
EURUSD 4hr - possibly a bullish channel. Momentum needs to be maintained to avoid forming third drive of bearish divergence on MACD histogram. If price is rejected off the trendline, support by the blue 20MA and black 50MA will be the next tests for momentum.
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.