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Evar_Mayi
Oct 12, 2023 8:26 AM

EURUSD 4H begins a sharp correction Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD

Hello, The EUR/USD pair begins today's trading with additional positivity, breaching the resistance of the descending channel and trying to hold above it.

If the direction stabilized under 1.0619 it will touch 1.0572 then 1.0539 then 1.0504

if the direction reversed above 1.0619 and closed it will touch 1.0658,1.0698 then 1.0738

Pivot Price: 1.0619
resistance line: 1.0658,1.0698 ,1.0738
support line: 1.0572 ,1.0539,1.0504

The general trend expected for today: bullish

timeframe:4H
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