EUR/USD:Price in sydeways area , ready to explode. SHORT

9 Ağu 2022

The EUR/USD in the last session seems compressed inside a rectangle area ( range Area ) where the price is rebound up and down the rectangle drawn by us in white.
1.027 correspondent at the 38.2% Fibonacci level ( High side of the rectangle )can be a good point for a pending Sell order, in confluence with the drawn dynamic trendline following the main trend, Bearish.