EURUSD is currently side way in a triangle range
Updated
Safe trading everyone !
EURUSD is currently side way in a triangle range, as DXY is now side way in a triangle range too. We should stay out of trading when the price still stuck in the range between 1.12128 and 1.116, and wait until price breakout to decide a direction.
There are 2 resistance and support level to keep an eye on:
- If price breaks through resistance 1.12176 -> looking for long opportunity
- If price breaks below support 1.1170 -> looking for short opportunity
EURUSD is currently side way in a triangle range, as DXY is now side way in a triangle range too. We should stay out of trading when the price still stuck in the range between 1.12128 and 1.116, and wait until price breakout to decide a direction.
There are 2 resistance and support level to keep an eye on:
- If price breaks through resistance 1.12176 -> looking for long opportunity
- If price breaks below support 1.1170 -> looking for short opportunity
Note
Note
EU has broken the triangle and decide to move UP
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