EURUSD
The price made a bearish breakout of the contracting structure, the price is currently at the support around 1.0500 area and slowing moving upwards to test the resistance area around 1.0700, after reaching the resistance area If price continue to stay below support/resistance structure I expect the price to move lower..
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
The price made a bearish breakout of the contracting structure, the price is currently at the support around 1.0500 area and slowing moving upwards to test the resistance area around 1.0700, after reaching the resistance area If price continue to stay below support/resistance structure I expect the price to move lower..
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.