HubAlgo

EURO - Wedge to a bull trend

HubAlgo Updated   
OANDA:EURUSD   Euro / U.S. Dollar
EURO - Wedge to a bull trend

hello everyone

As I have mentioned before In my previous analysis, we have a wide divergence and we can have a reverse pattern by the end of the week ( double bottom ideally). I expect to see a good bull bar with almost no shadow on ether side on daily.

The last week's candle closed with a long shadow and a small bear body that can be the end of selling pressure hopefully.

our resistance level is 1.09$ and our support level is 1.078$, and I expect to have the price touches our resistance level by the end of this week.
Comment:
well,I was wrong its the continuation of our bear channel.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.