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TradingShot
Apr 10, 2019 9:13 PM

Critical level for EURUSD 

EURO / U.S. DOLLARICE

Description

There is heavy Resistance from the Lower High trend line on 1D (bold dashed line).

If broken to the upside, a -0.82% high from the previous top may be made. The target on this scenario is 1.1353.

If rejected, it should test the 1D Support at 1.11815.


*Notice the 4H Channel Up pattern that resembles the one during February. This supports more the bullish break out scenario.
Comments
FXCM
Great idea, check mine and let me know how you think.
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