price trapped into the ascending wedge

EURUSD is moving between two edges of this ascending wedge for a while.

I believe if the price keep moving below the baseline will drop soon or later.

however above the 1.096 level could lead us to next resistant levels.

so our key level to drop is our baseline and the confirmation is local trend line

on the chart, lets see.





Enjoy the market

İşlem aktif:

baseline is our judgement level, above the baseline is still bullish, closing below the beseline has more chance to drop.