EURUSD weekly view
First I found the channel. Then I placed a vertical line on the top of the channel to find the next potential area of support @ the 1.1267 area. Then I placed a vertical line on the bottom of the channel to find the next potential area of resistance @ the 1.2463 area, which price has yet to close above, before it fell.
"Always listen to experts. They'll tell you what can't be done, and why. Then do it." - Robert A. Heinlein
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"Always listen to experts. They'll tell you what can't be done, and why. Then do it." - Robert A. Heinlein
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.