Forex Analysis- EURUSD today- Technical analysis - Forex trading - 07.02.23

                                                         

#eurusd is near a support on rising channel pattern. From current point, either it will rise up towards higher high, thus respective the channel pattern. Or, it can breakout of the pattern and change the momentum to bearish mode.

For bullish set up, we will wait for strong 4H bullish candle for further continuation upmove.

For breakdown, we will possibly wait for a bearish breakout and retest/correction.

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Ans: Technical anaysis - weekly basis on all major and monir pairs. this will give you an edge over other traders as we share such informative content regularly.
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