EURUSD STILL AROUND A STRONG RESISTANCE!

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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EURUSD, QUICK UPDATE, WHAT'S NEXT?

As we mentioned in the previous analysis for EURUSD, we caught a previous sell, and price is now approaching our resistance again.

So, for now we will be looking for new bearish reversal setups.

And as we can see price is trading inside this channel, and for the bears to kick in again we need a new swing low to be formed around the rising trendline then a break
As shown on the chart.

Until that happens price can still dive more higher before reversal.


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!
Chart PatternsSupport and ResistanceTrend Analysis

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