skrimon Posted December 9, 2022 Share Posted December 9, 2022 Hello my friends, today I want to talk to you about EUR/USD The Euro has formed an ascending wedge and traded inside. The price is now trading close to the support line and can go down and test it. After a possible retest, the price can bounce back and rise. I expect that the price can start to rise and reach the resistance line where I have set our goal at a level 1.0630 After reaching the goal, the price can turn its movement. Therefore, as soon as the market situation changes, I will update this idea for you. I expect such a scenario. This is an article not financial advice, always do your own research. If you still have questions, you can write it in the comments below and I will answer them. And please don't forget to support this idea with your like and comment, thanks. Link to comment Share on other sites More sharing options...
pradegxs Posted December 26, 2022 Share Posted December 26, 2022 Great analysis, clearly EURUSD is in the uptrend and it will be difficult for bears to break it due to ultra-hawkish ECB position, even more hawkish than the Fed. The odds are high that Euro will extend recent gains in the new year, that's why I gradually build up my EURUSD position at Hotforex Link to comment Share on other sites More sharing options...
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