EURUSD
Price is currently forming descending market structure within a channel. Price made an rising wedge into a strong level of resistance and the upper trendline of the channel. We have now broken out of the rising wedge and expecting some further downside movement.
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.