Analysis of EURUSD M30

EnclaveFX Ltd
Dec 05, 2022

Analysis Of EURUSD M30

This Analysis is Based On Price Action Theory.

According to this Analysis, we found an Ascending channel in a lower time frame where the price goes up with multiple pullbacks & bounces back.

At the same time price also reacted to the Fibonacci Retracement level. But on the top, we can see that price is in range & feel the sell Pressure. So, according to this Analysis price will test 1.04736 or 1.04389.


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