EURUSD: Why I Expect 10% INCREASEHi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
If you're interested in the EURUSD Forex market, this update is for you. There's an interesting pattern playing out for possibly the third time on the 3D chart. When using the Moving Averages together with trend line analysis and support zone / resistance zone analysis, it seems most reasonable to expect and increase from this point above the 200 day Moving Average, which is the purple line.
HOWEVER- if the price fails to capture the 200d MA again and falls under the orange (100d MA), this pattern would not hold true.
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