BASTeam

BASTeam

An important trend line in the daily timeframe was broken on May 28 and tried to climb, but the price fluctuated in one channel between the lines 1.07950 and 1.07300. The canal is expected to break upwards, and the green rectangle is our first target. Meanwhile, the moving average of 200 has been broken.

BASTeam

The pink line is the trend line that our team has drawn in the monthly time frame. In August, the price hit this line and now we see a downward candle. In the daily timeframe , we see a strange divergence in the RSI indicator. In the 4-hour time frame, the price of 124,230 was very important, which was broken and the price was tested. We enter a lucrative deal...

BASTeam

We have a cup pattern in the daily time frame, after that we had a downward trend. The purple trend line is broken, its price has been tested so after the price crosses the green rectangle, it is a good time to buy. The price of 1,55324 is very important The 200 moving average works very well in 4-hour timeframe, which has recently been broken by the price.

BASTeam

In the monthly time frame, we see a strong downward trend that now the price has hit the trend line The eurusd price is expected to decrease due to the neutral trend in the daily time frame (from July 29 until today) and the failure of the uptrend line . The moving average of 200 is important and we see a sell signal in the MACD.