EURUSD: Range Trading Buy
#EURUSD : Range Trading Buy
From the chart and from the previous analysis we can see that EURUSD transformed the
pattern into a type of rectangle.
So now we are inside of a range trading.
The lower support is located close to 1.1228 and the upper resistance area is located close to 1.1358
Actually, we can try to trade the bullish scenario up to the top of the pattern.
Any breakdown below 1.1228 would be a warning for us that everything can happen... bearish or bullish movement.
From the chart and from the previous analysis we can see that EURUSD transformed the
pattern into a type of rectangle.
So now we are inside of a range trading.
The lower support is located close to 1.1228 and the upper resistance area is located close to 1.1358
Actually, we can try to trade the bullish scenario up to the top of the pattern.
Any breakdown below 1.1228 would be a warning for us that everything can happen... bearish or bullish movement.
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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.
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.