Eurusd analysis runs according to plan to date. Prices go down to the SND area. We will see more what will happen when the price is in the area. If you look at the thick bearish candle today, the possibility of the bearish trend will continue
Hi Traders!
We have a long-term ascending triangle formation on the 1D chart. There is a triple top resistance setup at the 138.136 (December 16th 2022 high) area and we must break and close above this level for a bull push towards the psychological 140.000 level which we have not seen for almost a year and a half.
As long as we stay above the 50 Moving Average...
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EURGBP on H4 it has been rejected 2 times from a significant Support. After the large green candle we expect a Bullish move.
⬆️Buy now or Buy at 0.8472
⭕️SL @ 0.8450
✅TP1 @ 0.8520
✅TP2 @ 0.8580
✅TP3 @ 0.8640
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If the price will breaks today's low 1.37342 - the continuation diamond will be confirmed.
Atm the red line is not confirmed.
Targets:
1: 1.3645
2: 1.3490
3: 1.3420 - unclosed GAP on daily chart
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This is not the financial advice.
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GL!
After the sharp downturn the price for EUR/NZD has been fluctuating. The Support zone survived the last trend and tested the Resistance zone twice after that.Though the latter seems to be less reliable , according to MAs we are expecting the price to fall.
