So when we look at the chart we can see that the price
is kind of trading in a range like we see with a lot of
pairs at the moment. What we could do now is just
either wait for that range to be broken or we can see if
we still have the possibility to go and range trade it.
For now I would just wait and see what the price does
when it is going to reach the...
Following the chart, on the four-hour time frame, we see that the EURUSD pair encountered resistance at 1.13500. We are now consolidating in the zone 1.13000-1.13500, and we need further support in
MA20 and MA50 to continue towards the next bullish this time frame is 1.150000
resistances on the chart. The main bullish target on
Bullish scenario:
We need...