EURUSD: Consolidation & Indecision ðŠðšðšðļ
āļāļĩāđāļāļąāļāđāļāļ:
Hey traders,
EURUSD is stuck between two structures forming a horizontal trading range.
To identify a future direction of the market I would suggest waiting for a breakout.
Bullish violation of the resistance of the range will trigger a bullish continuation to 1.0936 resistance.
Bearish breakout of its support will push the market lower to 1.0462 support.
To confirm a breakout we need a daily candle close below/above the structure.
What do you expect?
âĪïļIf you have any questions, please, ask me in the comment section.
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āļāļąāļāļāļķāļāļāđāļ§āļĒāļāļģ
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