EURUSD had a turn back from yesterday from a formed weak support level which is now an UNTESTED SUPPORT level @1.16832 !!!
Now, the price is found at a 4 time tested PROVEN RESISTANCE level.
There are 50-50 chances of the price breaking upward considering the fact that it has slight shifted from the TREND line (As seen in the CHART).
There is also a tendency of a reversal from the PROVEN resistance level because it current seem to be a stronger barricade.
POSSIBLE MARKET MOVES
FED Chair Powell is speaking today by US session... possibility of serious moves !!!
Now, the price is found at a 4 time tested PROVEN RESISTANCE level.
There are 50-50 chances of the price breaking upward considering the fact that it has slight shifted from the TREND line (As seen in the CHART).
There is also a tendency of a reversal from the PROVEN resistance level because it current seem to be a stronger barricade.
POSSIBLE MARKET MOVES
FED Chair Powell is speaking today by US session... possibility of serious moves !!!
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