EURUSD : Will the euro continue to grow?
Updated
Dear friends and colleagues, we are at your service with the euro dollar chart in the 4-hour time frame. As you can see, according to the previous analysis, the euro moved as expected and reached the target we specified at 1.11287. Currently, upon entering this supply area, it is facing a selling pressure. became. I expect the euro to move up once again to collect liquidity and I considered 2 scenarios for it:
1: First scenario: if it breaks the resistance ceiling of the range of 1.11100 to 1.11500, it can continue its growth up to the ceiling of 1.12300.
2: The second scenario: upon reaching the range of 1.11100 to 1.11500, it will fall again and reach the specified support ranges. I will be happy to share your opinions with me under this post, dear friends and companions, with the Eurodollar chart in the 4-hour time frame at your service. As you can see, according to the previous analysis, the euro went as expected and reached the target we specified at 1.11287. I expect the euro to move up once again to collect liquidity and I considered 2 scenarios for it: 1: First scenario: if it breaks the resistance ceiling of the range of 1.11100 to 1.11500, it can continue its growth up to the ceiling of 1.12300. 2: Second scenario: upon reaching the range of 1.11100 to 1.11500, it will drop again and reach the specified support ranges. I will be happy if you share your opinions with me under this post.
1: First scenario: if it breaks the resistance ceiling of the range of 1.11100 to 1.11500, it can continue its growth up to the ceiling of 1.12300.
2: The second scenario: upon reaching the range of 1.11100 to 1.11500, it will fall again and reach the specified support ranges. I will be happy to share your opinions with me under this post, dear friends and companions, with the Eurodollar chart in the 4-hour time frame at your service. As you can see, according to the previous analysis, the euro went as expected and reached the target we specified at 1.11287. I expect the euro to move up once again to collect liquidity and I considered 2 scenarios for it: 1: First scenario: if it breaks the resistance ceiling of the range of 1.11100 to 1.11500, it can continue its growth up to the ceiling of 1.12300. 2: Second scenario: upon reaching the range of 1.11100 to 1.11500, it will drop again and reach the specified support ranges. I will be happy if you share your opinions with me under this post.
Trade closed: target reached
Note
The euro to dollar chart moved according to the analysis and reached the target we specified . I hope you have used this analysis
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