EURUSD I only consider longs

6 kwi 2020

Technical analysis of #EURUSD

TF D1: traded in a downward wedge.
TF 30m: still priority down to the breakdown of the downward channel.

#EURUSD pair getting ready for a U-turn. On the daily chart, the pattern "Descending wedge"
At 30m the downward channel and therefore I am considering the possibility of a medium-term upward reversal.
However, I do not rule out down and then a turn and an upward movement.


Strategically now I evaluate the possibility of growth, and consider only long.

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