AndreyB

Nice Title

Long
FX:EURUSD   Euro / U.S. Dollar
1
Hello guys, after long break i think i should make a little analysis that is more based on trend Channels/Points , but of course by support with Support/Resistance Area.

So, we see that th High from last year, Mar, Apr and may are still relevant for us today, because these are now our resistance/support on higher timeframe.

Trend: Bullish
But i would enter only after a bigger corrective. Because, if we look how we were pushed back down at the resistance (now support ) somewhere at 1.32500 - big sell. So maybe we could espect by reaching now new Resistance 1.34000, a bigger pullback,bigger sell. So if the last high that was made before few days wont be broken in the next few days, i would sell till next near support.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.