Trendsharks

EURUSD At a Make-It-Or-Break-It Point

Corto
OANDA:EURUSD   Euro/Dólar estadounidense
The EURUSD appears to be developing an Ascending Wedge pattern as global inflation concerns tighten. This could strengthen the reeling greenback, potentially causing a reversal.

This is further substantiated by the fact that, when found at the top of an existing uptrend, Ascnedning Wedges signify potential reversals.

Furthermore, the MACD indicator underscores a divergence in the making, as the underlying buying volume has already climaxed.

Because the price action has already tested the upper boundary of the Wedge three times and its lower end twice, the EURUSD may rebound between the two extremes once more before such a reversal takes place.


Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.