Technical Analysis : EUR/USD 4 May 2020

4 May 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsEUR/USD

Forex Technical Analysis : EURUSD 4 May 2020

Forex Technical Analysis : EURUSD

Target Level 1.0833

Date : 4 May 2020

Support Line (A) : 1.0833 – Last TP of Channel Up

Resistance Line (B) : 1.1018 – Last TP of Channel Up

Target Period : 2 days

Interval : 1 hour

Pattern : Channel Up

Length : 135 Candles

Detail : Channel Up identified at 04-May-06:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.0833 within the next 2 days. (Supported by Downward sloping Moving Average)

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Autochartist

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– Analysis as low as 15 minute data intervals.

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