Price has been consolidating above the key area of support highlighted and is testing the upper downward sloping trend line. A breakout of the consolidation pattern clears the way for longs to the next key areas of resistance in the EURUSD.
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.