Euro / U.S. DollarUpdated Euro Dollar Longterm Technical Look
Chart says it all. Long term look. If the 1.15 support turned resistance holds as resistance we could see a fall to the bottom of the blue channel. If we break back into the area above the 1.15 then we could potentially see a new bullish cycle
Note
A pump above the 1.1500 level and a retest to prove it as support... gearing up for a great new bull runNote
A failed break out above the 1.15 could be a very bearish development. Will watch this closely next week to determine the best move.Note
The failure at the neckline of the massive head and shoulder has been uncanny. Likely headed to the bottom of the blue channelNote
This chart still proving to be valuable as we retest historic levels
Like it if you like it, and comment if you have a question. I'm happy to answer!
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
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.
Like it if you like it, and comment if you have a question. I'm happy to answer!
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
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.