Bullish scenario:
• We need to continue this positive consolidation with the support of the MA20 moving average.
• We see that EURUSD is moving in one triangle, and we need a break above the top line to continue.
• We see the next resistance zone at 1.14000, where we come to the MA50 moving average.
• The main target and stronger resistance await us at 1.15000, the place where we meet the upper line of resistance this year.
• Just a break above this line can heighten bullish optimism.
Bearish scenario:
• We need a new negative consolidation and a break below the bottom line of the triangle.
• Then we come across support at 1.12000, where we test this year's minimum.
• Further bearish pressure may bring us EURUSD to the support zone at 1.10000.
• We need to continue this positive consolidation with the support of the MA20 moving average.
• We see that EURUSD is moving in one triangle, and we need a break above the top line to continue.
• We see the next resistance zone at 1.14000, where we come to the MA50 moving average.
• The main target and stronger resistance await us at 1.15000, the place where we meet the upper line of resistance this year.
• Just a break above this line can heighten bullish optimism.
Bearish scenario:
• We need a new negative consolidation and a break below the bottom line of the triangle.
• Then we come across support at 1.12000, where we test this year's minimum.
• Further bearish pressure may bring us EURUSD to the support zone at 1.10000.
𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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t.me/NFT_crypto_news_trading_signals
www.FinanceBrokerage.com
t.me/NFT_crypto_news_trading_signals