The price of the EURUSD has risen above support levels creating support zones in the process before reaching the 1.13400 level, a level which it previously visited numerous times.
The amount of time it revisited the 1.13400 area suggests that the trend is indecisive and stuck in a range.
With the current candle, the price seems it will fall but there is a support line that has been building strength in its history levels to suggest that bearish sentiment is not ideal.
.
Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.