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Alexander_Harford
Aug 12, 2020 4:04 PM

EUR/USD to Pullback from the Local Resistance! Long

Euro Fx/U.S. DollarFXCM

Description

The EUR/USD is in the ranging channel at the moment as we take a close 2H look at the pair. MACD suggest that the pair will rise , though according to the intercepting EMA we can assume there can be reverse in the Uptrend. It is reasonable to assume so taking into account that the pair is testing the Local Resistance line , so we can expect the pullback to occur.
Comments
Professor_GS
comment your view.

Alexander_Harford
@PulakPriyesh, great chart! Share more as you have!
Alexander_Harford
Share your thouths and charts :)
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