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EURUSD Technical Overview and Key Levels

EURUSD Technical Overview and Key Levels

EURUSD could not break the channel and headed North.

We have published two harmonic patterns and Gartley pattern reached TP2. Those patterns are still valid.

EURUSD Harmonic Overview and Short Opportunity

Economic Calendar is empty. Eurozone industrial production data will be released.

The pair is testing the upper line of the channel. Bearish Crab would be completed at 1.13100.

The upside is capped by SMA 100 Daily at 1.13600.

The breakout of the rising channel will trigger the bearish move. – Breakout of 1.12400 –

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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

EURUSD: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

 

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