EURUSD nearing first resistance levels
Upward sloping trendline closing in on first resistance level to form a flat top bottom slants up ascending wedge formation. This is supported by an earlier upside down head n shoulder formation. A price action breach above the resistance level may set in motion an accelerated upward movement towards the 1.1285 barrier.
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.