EURUSD demonstrates an interesting bullish set-up. On the retest, we see a re-break of the resistance, which was formed in February. Increasing volumes, decrease of the dollar allows the national currency to strengthen.
[I](Chart 1. Breakdown of trend resistance. Increasing volumes. The price is growing).
The US dollar index breaks down the trend line of support for the first time in 10 months, the price shows a strong drop.
[I](Chart 2. Dollar index decline. updating lows).
In terms of technical analysis, an upward price channel is forming on the local chart. The price breaks through the resistance 0.99998 upwards and trades in the range between 1.000 - 1.007. I assume that the price may rollback to the support for the subsequent growth. In our case the resistance area of 1.01977 will be the target.
Regards R.Linda!
[I](Chart 1. Breakdown of trend resistance. Increasing volumes. The price is growing).
The US dollar index breaks down the trend line of support for the first time in 10 months, the price shows a strong drop.
[I](Chart 2. Dollar index decline. updating lows).
In terms of technical analysis, an upward price channel is forming on the local chart. The price breaks through the resistance 0.99998 upwards and trades in the range between 1.000 - 1.007. I assume that the price may rollback to the support for the subsequent growth. In our case the resistance area of 1.01977 will be the target.
Regards R.Linda!
🌹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
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🌹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
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.