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FX618Analysis

EURUSD MIGHT CLIMB HIGHER IF THIS CHANNEL IS BREACHED!

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Euro/Dólar estadounidense (FX:EURUSD)  
FX618Analysis  
FX:EURUSD   Euro/Dólar estadounidense
Trend Analysis Chart Patterns Technical Indicators EURUSD LONG Parallel Channel Exponential Moving Average (EMA) Daily Charts Support and Resistance DXY fed ecb
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trendanalysis chartpattern indicator eurusd long parallelchannel ema daily supportandresistance dxy fed ecb
Currently EURUSD is confined into a nice clear descending channel. However as the price approaches crucial 1.15000 monthly support, the RSI is indicating positive divergence. If the daily candle clears the descending channel and D EMA, we could expect this pair to climb towards it next resistance of 1.19000.



THIS JUST REPRESENTS MY ANALYSIS ON THIS PAIR AND ITS NOT A TRADE SIGNAL. I HAVE MANY PAIRS THAT I MONITOR AND ALL OF MY TRADES ARE ON W, D , 4H TIMEFRAME (SWING TRADES). ITS NOT POSSIBLE TO POST ALL OF MY ANALYSIS HERE, HOWEVER I POST TRADE SIGNALS WHEN THE CRITERIA IS MET ON THE FX PAIRS I MONITOR. FOLLOW & LIKE TO RECEIVE FREE FX SWING TRADE SIGNALS CHEERS.

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