Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Yearly Highs in Site
Euro / U.S. Dollar
Long
Yearly Highs in Site
By TaherJalili
Follow
Follow
Aug 31, 2020
1
Aug 31, 2020
Price is now looking to breakout of the intraday resistance level with a potential re-test of the yearly highs made earlier in the month.
A test of these highs looks crucial because if the swing high resistance gives way we could see another extended leg higher.
The trend has been clearly higher on the daily chart this year and another break would expose a lot of free space for price to run higher into.
breakout
Chart Patterns
intradaylevels
retest
swinghigh
Trend Analysis
yearlyhighs
TaherJalili
Follow
Also on:
Related publications
Watching Intraday Support
by TaherJalili
Price Makes False Break
by TaherJalili
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
.