EURUSD is forming an ascending triangle. Our attention falls on the resistance 1.09267, which forms the upper boundary of the ascending triangle. What's next?
The currency pair forms consolidation and numerous retests to the resistance level. It is very likely that under the pressure of the buyers this line will be broken, and in this case the growth will continue, and we will be interested in the next resistance at 1.10500. The moving averages are acting as support and giving the price a push.
Strong support: 1.0830.
Strong resistance: 1.09267 (break-down strategy) and 1.10500
I expect that in the nearest future the price will break the resistance and will continue its growth. Short term target is 1.10500, medium term target is 1.11500.
Regards R.Linda!
The currency pair forms consolidation and numerous retests to the resistance level. It is very likely that under the pressure of the buyers this line will be broken, and in this case the growth will continue, and we will be interested in the next resistance at 1.10500. The moving averages are acting as support and giving the price a push.
Strong support: 1.0830.
Strong resistance: 1.09267 (break-down strategy) and 1.10500
I expect that in the nearest future the price will break the resistance and will continue its growth. Short term target is 1.10500, medium term target is 1.11500.
Regards R.Linda!
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.