Higher highs, Higher lows,Ascending trend line looking to retest the 1.1450 resistance.
Although there has been a very LONG bearish trend on the euro/dollar, despite the Greek conflicts, my supply demand rule would apply to this trade.
2 Scenarios:
1.Break of the triangle (Break of 1.1450 will Lead us to 1.20.
2.Break of ascending trend line to the downside will lead us to 1.05
I am expecting a break to the upside.
Although there has been a very LONG bearish trend on the euro/dollar, despite the Greek conflicts, my supply demand rule would apply to this trade.
2 Scenarios:
1.Break of the triangle (Break of 1.1450 will Lead us to 1.20.
2.Break of ascending trend line to the downside will lead us to 1.05
I am expecting a break to the upside.
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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.