EURUSD: will the bullish trend end before the end of the week?
Elements of the chart that are important to pay attention to:
- bullish trend from point 1.172 (March - April 2021)
- support level 1.196.
- resistance level 1.219.
The price has been rising since March. During the rally, it was able to break through the previous downtrend at point 1.193. Now we can expect a rise to the resistance of 1.219 and a reversal to the support of 1.196.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
- bullish trend from point 1.172 (March - April 2021)
- support level 1.196.
- resistance level 1.219.
The price has been rising since March. During the rally, it was able to break through the previous downtrend at point 1.193. Now we can expect a rise to the resistance of 1.219 and a reversal to the support of 1.196.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.