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Chart Art: EUR/USD - Daily Chart
Summary:
Overall down trend. Price is in a channel, bouncing between support & resistance. US dollar should rise further from the FED raising rates.
Daily Chart Notes: Downtrend, look for reject from MA 50, and bearish candle closes.
4HR Chart Notes: look for rejection near resistance, like prior. watch for bearish candlesticks
1HR Chart Notes: look for bearish candles for confirmation of entry.
EURUSD
Overall down trend. Price is in a channel, bouncing between support & resistance. US dollar should rise further from the FED raising rates.
Daily Chart Notes: Downtrend, look for reject from MA 50, and bearish candle closes.
4HR Chart Notes: look for rejection near resistance, like prior. watch for bearish candlesticks
1HR Chart Notes: look for bearish candles for confirmation of entry.
EURUSD
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