its long position because .... Long

FX:EURUSD60

Euro Fx/U.S. DollarFXCM

Description

⋅ Jan 25, 2023 11:42 AM

as you see chart , its in nice channel , also daily and weekly is bulish

Trend Analysis

Comments

benlooi09162

⋅ Jan 25, 2023 12:13 PM

Nope, it's a rising wedges. High chances it will turn bearish once it breakdown. Moreover, FOMC is near corner. Likely it will fall to 1.07, after weeks of bullish, don't you feel that EUR is losing momentum.