EUR/USD – Awaits symmetrical triangle breakout
Hourly chart pattern – Rising channel & symmetrical triangle
Daily chart pattern – Falling channel, stuck at rising trend line hurdle
Daily chart pattern – Falling channel, stuck at rising trend line hurdle
- Euro’s retreat from the rising trend line hurdle of 1.1186 marks a failure to see a bullish break from the symmetrical triangle formation.
- A subsequent move lower to 1.1150 if followed by a bearish break from symmetrical triangle support would signal a short-term top is in place and open doors for 1.1070 levels (rising channel support).
- On the other hand, a bullish break from symmetrical triangle formation could yield test of 1.1196 levels.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.