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EURUSD in consolidation

skrimon

skrimon

Active Member
K16uugg34dzaWfEZDUQwI2nmlmCpEuzg4xArQPKk0uJQem8p7T_iUldguWzsnhq9R_wCKvExhoViTWOB2IWy2e1i1PbAtn3Ju4G_poPKUdZ02HDaGeEZJzwp9hRObuxmkTLK-ANDV6veg6vVaw9yRsffRglywsJLQZFhmQOAZFsTh1fsVrFrmyP0hYlKlw
EURUSD broke out of the ascending channel and it is testing the resistance zone and dynamic resistance (trendline).

The market overall is consolidating because, price action is printing HHs and LLs, indicating indecision in the market.

We expect a bearish move.


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