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DeGRAM | EURUSD structure-based trade
Euro / U.S. Dollar
Short
DeGRAM | EURUSD structure-based trade
By DeGRAM
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Apr 13, 2023
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Apr 13, 2023
EURUSD is approaching a major resistance level at 1.03200.
If price action prints a double top, the market might retrace from this level. On the 4-hourly timeframe, the market is in overbought territory.
We anticipate a short-term bearish move; all confluences indicate that the price may pullback. It is going to be a structure-based trade.
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Chart Patterns
eurusdanalysis
eurusdsignal
Support and Resistance
Trend Analysis
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