Big picture of EURUSD

When we analyze EUR USD on weekly chart , The Market structure is in a Long term Downtrend as shown below.

The high is 1.258 & the Low is 0.95

Now , Let us analyze the move from 0.95 to 1.1

As you can see , the daily support is @ 1.05 & the resistance is @ 1.1

Now let us see the Four hourly chart

4 hour chart is range bound

Now let us go to the Hourly chart

Kommentera:

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