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EUR/USD (Swing Forecast) |
| What is the trend? | Neutral |
| What is this pattern? | No pattern present |
| Why is this significant? | There is no high probability pattern so we cannot place a trade. |
| What other indicators or Fib Levels support this thesis? | No trade |
| Support & Resistance Levels | ||
| Resistance 3 | Bottom of channel | See Daily Chart |
| Resistance 2 | 1.4746 | 38.2% of AB on the Daily Chart |
| Resistance 1 | Top of channel | See 2hr Chart |
| Current Price | 1.4530 | |
| Support 1 | Bottom of channel | See 2hr Chart |
| Support 2 | N/A | N/A |
| Support 3 | N/A | N/A |
Daily Chart - Broken bullish channel.
2hr Chart - Bearish channel. DISCLAIMER:
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