The EUR/USD/USD pair on the M30 timeframe presents a potential selling opportunity due to from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: 1st Support – 1.0437 2nd Support – 1.0410
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.