Thursday, May 02, 2024

+1000 Points Reached in EURUSD buy signal after rebounding from the Multi-year support and the higher low area of the descending channel
1 mins well spent

EURUSD Analysis:

After 7 years, EURUSD hit the multi-year Strong Support Area in the higher timeframe Monthly chart.

In the daily timeframe, EURUSD is standing exactly at the lower low area of the descending channel.

After the confirmation of upward movement, EURUSD buy signal is given.

EURUSD reached tp1 with 1000 points profit

EURUSD has reached the take profit target successfully.


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