EURUSD/ Consolidation between 1.05277 & 1.04502
Generally, the direction is a downtrend and consolidation between 1.05277 and 1.04502.
Downtrend Side: a break below 1.04502. If this level is breached, the next support target would be 1.03615.
Uptrend Side: The price needs to rise and stabilize above 1.05277 as the first step toward a bullish trend. However, to confirm the bullish trend, it should remain above 1.6082, with a 4-hour candle closing above this level to reach 1.0765.
Tendency Keys: 1.04502
Downtrend Side: a break below 1.04502. If this level is breached, the next support target would be 1.03615.
Uptrend Side: The price needs to rise and stabilize above 1.05277 as the first step toward a bullish trend. However, to confirm the bullish trend, it should remain above 1.6082, with a 4-hour candle closing above this level to reach 1.0765.
Tendency Keys: 1.04502
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with best learning
Be Stronger With us
THANKS for your support
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