Hello guys. For the ...from PhoenixMan

Hello guys. For the EUR/USD pair, at the beginning of the month the price bounced off the strong support line at 1.161 and rose very sharply. I expect the price to gradually decline to the 1.151 support level. Also, I believe that in the near future the price will fall to the nearest support line at 1.175. Good luck on trading!

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Hello everyone! the EUR/USD pair came to the support line and began to grow strongly. During the week of growth, it broke through several support lines at once. Now the price has stopped at the resistance line. I expect that the price to fall from this line. There is a support line in the middle of the channel. But the fact that before that the price showed strong growth indicates that it will be able to break this line. Good luck on trading guys!

PhoenixMan

For EUR/USD pair, we're staying back as the market's are irrationally in anticipation of U.S. elections next week. For those wanting to speculate in this market, consider these valid trade setups, but it's riskier than usual, just my own personal opinion. I personally won't be taking them on my account, but just wanted to share nevertheless.

PhoenixMan

Hi guys. For the EUR/USD pair, the price is in the process of moving at the intersection of two channels. It recently bounced off a strong resistance zone (just at the intersection of the lines). And it fell. However, before reaching the support line, it began to grow again. I expect that the price will reach the resistance line, touch it but cannot break it (since there is another strong line nearby). And then going downtrend.

PhoenixMan