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Chart Of The Day: EUR/USD
Good Day :) hope everybody is having a great trading week so far (That's if you've been following my analysis) wink*
Technical Analysis: EUR/USD
Bias: Bullish - On the 1Hour timeframe price action has broken the descending trendline (Dotted Line). Which occurs after a downtrend and indicates a possibility of a high probability trend reversal to the upside. Price action is currently sitting on the support zone. We will wait for a candlestick formation in our favour to enter the trade.
Please don't forget to leave your thoughts and comments and if you benefited in any way from this post please like & share.
Trade safe & have a great trading week :)
Technical Analysis: EUR/USD
Bias: Bullish - On the 1Hour timeframe price action has broken the descending trendline (Dotted Line). Which occurs after a downtrend and indicates a possibility of a high probability trend reversal to the upside. Price action is currently sitting on the support zone. We will wait for a candlestick formation in our favour to enter the trade.
Please don't forget to leave your thoughts and comments and if you benefited in any way from this post please like & share.
Trade safe & have a great trading week :)
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