EURUSD broken the 10 months long descending channel and currently re-testing it. It has started making HH and HLs on 4h and daily candles.
Currently it has taken support from rising support line on 4 h candle, its daily closing will define whether it would be in uptrend from here or not.
My bias: I am Bullish in EURUSD and will go long after confirmation of today's candle.
Currently it has taken support from rising support line on 4 h candle, its daily closing will define whether it would be in uptrend from here or not.
My bias: I am Bullish in EURUSD and will go long after confirmation of today's candle.
Comment:
Trend reversal begins!