Here we can see simple structure for EA, with two potential price paths for the pair based off this 4HR key level.
Price broke a long term descending trendline and since bulls have recovered bringing price higher. We are long term bullish on the Euro and awaiting fundamental confirmation before a strong bullish move.
However, for the time being it's possible sellers are sitting at our key level.
Watch this pair closely!
Price broke a long term descending trendline and since bulls have recovered bringing price higher. We are long term bullish on the Euro and awaiting fundamental confirmation before a strong bullish move.
However, for the time being it's possible sellers are sitting at our key level.
Watch this pair closely!