A few days ago. EUR/USD pair made M patter, the price fell down and has already made a second correction with a downward movement.
The support zone was reached and the price moved up to retest the new resistance zone.
Now we can except rejection downward to the support zone.
It could be possible that the price will remain in a range for some time.
If you like ideas like this, please like and subscribe to this channel so as not to miss another technical analysis .
Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE. This is just my point of view on the current situation.
The support zone was reached and the price moved up to retest the new resistance zone.
Now we can except rejection downward to the support zone.
It could be possible that the price will remain in a range for some time.
If you like ideas like this, please like and subscribe to this channel so as not to miss another technical analysis .
Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE. This is just my point of view on the current situation.