SirajHudda

EURUSD Deciding Time!

FX:EURUSD   Euro/U.S. Dollar
EURUSD             is at very crucial point right now.. The decline has taken place as expected earlier. Now the price is at the channel bottom line from where it could turn up or break down. If it breaks down there is one more hurdle at 1.1000 if broken that new lows on the pair are imminent. However, if it starts to give a bounce from the channel and goes up again, We might consider the decline from 1.7000 levels till now as an X wave which means there is one more Leg upwards for a Z Wave which would be above previous highs of 1.7000. I would look at the price action from this juncture and take the trades accordingly. Any comments or Suggestions are welcomed. Happy Trading!!
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out