EURUSD: Consolidation turning into a Buy.

2023년 6월 21일

EURUSD is trading near the HL 1 trendline with the 4H timeframe about to turn neutral again (RSI = 57.365, MACD = 0.002, ADX = 18.019) after being overbought last week on June 15th-16th. Along with the 4H RSI testing the bottom of its Channel Up, this is our first buy entry on the medium term with the second being on a potential contact with the 4H MA50 at 1.08750. On both entries our target is the R1 (TP = 1.10075).

Prior idea:

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