Following up on my previous post below and zooming in thru the daily timeframe:
EURUSD is at the resistance area (supply zone) 1.08 and holding on. A break above may be confirmed today after FOMC and Fed rate decision.
A break above, will lead to the upper channel of the correction uptrend (ABC) and to the next resistance and supply area at level 1.15 as next target.
EURUSD is at the resistance area (supply zone) 1.08 and holding on. A break above may be confirmed today after FOMC and Fed rate decision.
A break above, will lead to the upper channel of the correction uptrend (ABC) and to the next resistance and supply area at level 1.15 as next target.