Analysis of #EURUSD
Hi traders, today we will have a look at #EURUSD
The EURUSD forming a simple classic triangle pattern which usually indicates more upside coming might be triggered tomorrow by NFP news.
The market so far failed to close above trendline resistance and might be coming down for another test of the trendline support level near 1.0400-1.0350 which is where i will look for abuy entry if the rules for entry are met, usually, breakout patterns have high hit rate, that's why i will be keeping a close eye on this pattern.
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
Hi traders, today we will have a look at #EURUSD
The EURUSD forming a simple classic triangle pattern which usually indicates more upside coming might be triggered tomorrow by NFP news.
The market so far failed to close above trendline resistance and might be coming down for another test of the trendline support level near 1.0400-1.0350 which is where i will look for abuy entry if the rules for entry are met, usually, breakout patterns have high hit rate, that's why i will be keeping a close eye on this pattern.
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
