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CashmereRyanL

EURUSD LONG awaited BULLISH PRESSURE

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Euro / USA-dollar (OANDA:EURUSD)  
CashmereRyanL Uppdaterad   
OANDA:EURUSD   Euro / USA-dollar
Support and Resistance Candlestick Analysis Multiple Time Frame Analysis
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supportandresistance candlestick mtfa
Price has been consolidating to the end of 2021 in the form of an accumulation. The price action we have within this accumulation is of a bullish nature, as we've seen price break structure to the upside. In the retest of that structure area we see another higher low being formed indicating that it's only a matter of time before the bulls officially take over the market. We're targetting the psychological round number level @ 1.16000 in the short to intermediate term.

Stay strapped and control risk🙏🏼📈
Kommentera:
We did not get the price action we were looking for. Instead the USD muscled up via the fundamentals this week and pushed P on the EUR.

Stay strapped and control risk🙏🏼📈
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