EURUSD is respecting the levels on this Pitchfork. The consolidation around the 6.18 support created a lot of buying pressure and now it is testing a key resistance level, A weekly zone that had pushed price lower in the past (check Feb 25, for example).
I expect this weekly level to break out sooner rather than later, since it has been consolidating below it for days now, and at every rejection, it printed a Lower High.
My Targets are 1.228 / 1.235 and beyond.
#eurusd #currency #tradingidea
I expect this weekly level to break out sooner rather than later, since it has been consolidating below it for days now, and at every rejection, it printed a Lower High.
My Targets are 1.228 / 1.235 and beyond.
#eurusd #currency #tradingidea