Nissay007

Nissay007

hello guys it s Nissay again, the price is formed a descending channel so it will probably bearish toward the 0.9900 levels

Nissay007

Hello traders!hope u doing great, the eur/usd price formed a double bottom,which means that the price will mostly go up. there is 2 scenarios:1-the price will break the resistance level 1.0456 moving forward to hit the 1.0550. 2-the price will rebound from the resistance level 1.0456 and go bearish toward the support level 1.0360

Nissay007

the price didn't break the support level,so high chances that the price will be bullish

Nissay007

The price formed a reversal wedge,so there is high probabilities that the price will retest to then turn bullish towards the 1.4310 resistance level