EURUSD | RESISTANCE ZONE
EURUSD after a breakout has been in a strong bullish trend .
The price was well respected by boundaries of rising wedge .
The price has approached to the resistance zone around 1.060-80. .The 200SMA of daily also act as resistance.
The price has now broken below the wedge .
The bears are in control While bulls will be only in control above break of recent high.
Manage your trades accordingly
The price was well respected by boundaries of rising wedge .
The price has approached to the resistance zone around 1.060-80. .The 200SMA of daily also act as resistance.
The price has now broken below the wedge .
The bears are in control While bulls will be only in control above break of recent high.
Manage your trades accordingly
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