EURUSD | Falling Wedge & Trend Line...!!

EURUSD (Update)



In 4h Chart, EURO Has been forming Falling Wedge Pattern.

At the Moment, It's Heading towards the Major Trendline. (Still in Uptrend)



Now There Are Two Possible Scenarios...!!

1- If Trendline Broken Down, It Might test the 1.102** (Fib 38.2%) Area.

2- If Bulls Hold the Trendline, & Bounced Back, Expecting Wedge Breakout.

In Case of Wedge Breakout, EURO Might test the 1.138** Area (Major Resistance)


So Be Ready for Both Bearish & Bullish Scenarios..!!



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