EURUSD 4H Weekly Analysis
EURUSD is bearish in the long term trend. After the impulse wave on February the price started to form consolidation correction pattern. The consolidation might break at 1.12079 level. If the price find resistance at 1.12079 level it will have a higher chances of retesting the 1.08135 level or even break that level.
If the price decided to break the 1.12079 level upward and make it as a new support then there will be a higher chances to retest 1.15085 level.
Key Levels
1.15085
1.13713
1.12079
1.08135
If the price decided to break the 1.12079 level upward and make it as a new support then there will be a higher chances to retest 1.15085 level.
Key Levels
1.15085
1.13713
1.12079
1.08135
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.
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.