pejman_zwin

💵Euro/U.S.Dollar💵Analyze (Short Term, 03/10/2023)!!!

Short
pejman_zwin Updated   
FX_IDC:EURUSD   Euro / U.S. Dollar
Euro /U.S.Dollar reached the top of the descending channel for the third time while it sees the 🔴resistance zone($1.07220-$1.06850)🔴 above.

It also seems that the RSI indicator is forming an Expanding Triangle pattern in the 4-hour time frame.👇


I expect the EUR to break down to the 🟢support zone($1.050-$1.046)🟢(maybe more) based on my analysis of the DXY as well as the high points.👇


🔅Euro/U.S.Dollar Analyze ( EURUSD ), 4-hour Time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

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Comment:

Euro is running well after the fake break.

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