Eur/usd analysis

15 Tem 2021

As we can tell we have a strong support on the daily timeframe in form of trendline and a strong resistance 1:18842 , moving to 4 hour timeframe we can see price is still going down in a nice trend channel am expecting price to test that resistance in form of trend line then revert down as facing rejection but if prices decide to go down further and break that level 1:18235 we will be looking to short market .