March 18, 2018

EURUSD Weekend update | Month resistance line

  • Weekly triangle shows price nearing the apex off the pattern. Multiple attempts to close out off the triangle has failed with price getting back into the pattern. This may change in one or 2 weeks.
  • Second chart shows price testing the broken support zone.
  • Last chart has the falling resistance line from 1.60 levels. This has historically acted as strong resistance. Usually its an easy sell from here BUT when price tests a line too many times it can snap..