Euro / U.S. DollarUpdated Hello Downtrend
Since June 22nd it looks as if price has been turned bearish with the creation of a downward channel that's being respected. From the 4hr support zone it looks like a falling wedge (please correct me if i'm wrong.) Expected tps have been marked.
Note
After looking over patterns and seeing a falling wedge and also seeing after a falling wedge price makes a bullish target, I change my biais on the change in trend. With NFP being tomorrow, and we entering into a new quarter, it will be interesting to see price's next big move. But, once again I am changing my biais to price is preparing to make a bullisih move.
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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.