Analysis of EURUSD M30

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EnclaveFX Ltd
Dec 05, 2022
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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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