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EURUSD: CLEAR RANGE TO DO CONQUER.

 

 

 

 

The pair EURUSD traded lower it got to change the trend away by the pound and its Brexit optimism. But technically the battle lines are very transparent to see.

The technical confluence shows the price range could trade between the stable resistance-support channel trend. (shown in the graph) On the upside, the 1.17380 will be the resistance to restrict the price range from the further move the 1.15500 will be the support. Breaking through these zones are very tough for the price range especially when Brexit is ON.

In the 4hr time-scale, the price range should trade only between this zone chart may print mix of Impulse and the correction.

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06 Sep 2018 12:31 pm Posted by tamilforex

 
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