PriceSpeakers

Trap or actual market expansion? Today we'll know

FX:EURUSD   Euro Fx/U.S. Dollar
82 0 3
snapshot
The price finally breaks its last peak but this can be a trap market.

I raised the bullish scenario in green on the price draws a slow contraction until the red line is the trendline fact that the price wanted to leave behind. Now she is returning on that channel but lack confirmation.

With the fundamental news britain today, the price can break with a new expansion looking for 1.1363 confirming the trap or return to the 1.1160
Comment: Tomorrow we will know which scenario will be fulfilled.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out