Only buy the EurUsd when the price has break above the trendline and close above.
Analysis:
Monthly : price has strong bearish as the price has break two major resistance.
Weekly : A clear support for the monthly argument. Sellers has came twice at support area. However there is buyers are coming back and push to the next level of resistance. now the price has move back to the below support.
p/s : on monthly chart, price has been tremendously respecting this support zone for years. will the price push lower? I dont think so the price will move lower.
Daily: Break above the trend line will move the price above.
Analysis:
Monthly : price has strong bearish as the price has break two major resistance.
Weekly : A clear support for the monthly argument. Sellers has came twice at support area. However there is buyers are coming back and push to the next level of resistance. now the price has move back to the below support.
p/s : on monthly chart, price has been tremendously respecting this support zone for years. will the price push lower? I dont think so the price will move lower.
Daily: Break above the trend line will move the price above.