EURUSD is in a complex correction structure. The first part is a triangle and then following a zigzag. Now it is coming to an important resistance level at around 1.14~1.146. If it breaks up, it can go up to 1.22 or higher. Otherwise it will retrace back to bottom of the rising channel.
It is quite interesting to see how it will go. There is a month chart of EURUSD to compare.
Just wait for the confirmation.
Good luck for everyone!
It is quite interesting to see how it will go. There is a month chart of EURUSD to compare.
Just wait for the confirmation.
Good luck for everyone!
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Related publications
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.