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DeGRAM
Apr 7, 2023 8:57 AM

DeGRAM | EURUSD in consolidation  Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD is consolidating after the pullback.

The market is pulling back from resistance following a double top with divergence.

Price action is most likely to continue consolidating since we have two doji candles on the daily timeframe. 

A breakout of the daily candle will determine the future price action.

We anticipate further consolidation.


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Comments
basictradingtv
supportive as always, thanks mate!
DeGRAM
Good luck in the markets and have a great one!
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