EURUSD long Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Jun 13, 2023 8:11 AM

NOTE:
1 EURUSD has been in a MACRO range since 1985.

BULLISH REASONS:
1. It's at a major support.
2. Making higher lows.
3. 200 EMA is acting as support.
4. US FED is pausing rates.
5. Weekly GAUSSIAN CHANNEL is green.

BEARISH REASONS:
1. It's in a down trend parallel channel.

Comments

zAngus

⋅ Jun 14, 2023 4:48 AM

Thanks and good work on posting your first chart. Hope you liked the activity. Hope the trade goes well for you.

From mod @zAngus