Get started
Muhammad32671

EURUSD 4H Buy

Long
Euro / U.S. Dollar (FX:EURUSD)  
Muhammad32671  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns
15
3
trendanalysis chartpattern
After a sharp fall, the pair bounced back from weekly hard support zone and retrace to 0.50 fib level. A rejection from mentioned level took price back to 0.236 level. The price consolidated (Rectangle) and break from box took pair to 0.618 level. Again price took rejection from 0.618 level and now again price took support from 0.382 level...
April is bullish on seasonal basis
Series of Higher Highs on Daily
The Price may test its next resistance (1.1270). So Buy Recommended.
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.