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EURUSD (PARALLEL CHANNEL)
Euro / U.S. Dollar
EURUSD (PARALLEL CHANNEL)
By SroshMayi
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Oct 24, 2023
9
Oct 24, 2023
The price reached the higher of the channel and reversed to trades inside the channel
Still, we have two scenarios:
first one, as long as the price is above 1.0581 and 1.06050 which means will support rising
second scenario:
breaking the trend under 1.0587 then will be a bearish trend till 1.0532 and 1.0500
Pivot Price: 1.0606
Resistance prices: 1.0670 & 1.0764 & 1.0840
Support prices: 1.0532 & 1.0491 & 1.0415
The movement range will be between 1.0670 and 1.0532
last idea:
https://www.tradingview.com/chart/EURUSD/y7uPe5Ij-EURUSD-4H-Ascending-Channel/
Supply and Demand
Support and Resistance
Trend Analysis
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EURUSD 4H (Ascending Channel)
by SroshMayi
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