I guess the chart is clear and don't need to explain , As you can see we are in ascending channel in H4 . the AO indicator shows a positive divergence. Actually last week the EURUSD broke a strong resistance and I'm wating for pullback.
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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.