EUR/USD H1 Trend watch!
Trades still moving perfectly as predicted....
The VERIFIED RESISTANCE barricade has been broken after the price reversed from the support line has drawn on the previous charts.
Presently, a VERIFIED demarcating SUPPORT level has been formed around @1.17720 replacing the former RESISTANCE level. This could make the upward movement last a bit.
POSSIBLE MARKET MOVE
The price will probably be moving to the next UNTESTED RESISTANCE barricade formed on 5th of Aug @ 1.18490.
NOTE: Retracements will definitely happen. Therefore, wait for a good entry point using the trendline or you price action.
OBSERVE EVERY RISK MANAGEMENT MEASURES
The VERIFIED RESISTANCE barricade has been broken after the price reversed from the support line has drawn on the previous charts.
Presently, a VERIFIED demarcating SUPPORT level has been formed around @1.17720 replacing the former RESISTANCE level. This could make the upward movement last a bit.
POSSIBLE MARKET MOVE
The price will probably be moving to the next UNTESTED RESISTANCE barricade formed on 5th of Aug @ 1.18490.
NOTE: Retracements will definitely happen. Therefore, wait for a good entry point using the trendline or you price action.
OBSERVE EVERY RISK MANAGEMENT MEASURES
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