HubAlgo

EURO - Wedge to a bull trend

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OANDA:EURUSD   Euro / Dollar AS
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.
Komentar:
well,I was wrong its the continuation of our bear channel.
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