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DeGRAM
Jan 24, 2023 8:41 AM

DeGRAM | EURUSD short opportunity Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD is trading in an ascending channel, and it has tested the resistance zone and rebounded.

The market made a false break at the resistance level, which is a great indication that the price will retrace.

Price action is printing a potential harmonic pattern, and we have an AB=CD pattern where the D point is right at target level.

We expect a bearish move.



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Comments
DeGRAM
Good luck in the markets and have a great one!
InvestingScope
Very good analysis, thank you. Our point of view is as follows:
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