Euro / U.S. DollarUpdated EURUSD is currently side way in a triangle range
Safe trading everyone !
EURUSD is currently side way in a triangle range, as DXY is now side way in a triangle range too. We should stay out of trading when the price still stuck in the range between 1.12128 and 1.116, and wait until price breakout to decide a direction.
There are 2 resistance and support level to keep an eye on:
- If price breaks through resistance 1.12176 -> looking for long opportunity
- If price breaks below support 1.1170 -> looking for short opportunity
EURUSD is currently side way in a triangle range, as DXY is now side way in a triangle range too. We should stay out of trading when the price still stuck in the range between 1.12128 and 1.116, and wait until price breakout to decide a direction.
There are 2 resistance and support level to keep an eye on:
- If price breaks through resistance 1.12176 -> looking for long opportunity
- If price breaks below support 1.1170 -> looking for short opportunity
Note
Note
EU has broken the triangle and decide to move UP
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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.
Related publications
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.