EUR/USD Analysis – 28.May.2024
EUR/USD Analysis: By analyzing the EUR/USD chart on the 4-hour timeframe, we observed that the price initially declined to 1.08130, following the predicted analysis. Subsequently, based on our analysis, it resumed an upward trend. Currently, after several rounds of liquidity accumulation, it is trading around 1.08780. Notably, traders are closely watching the current price level to see if EUR/USD will experience another rejection or not. In my opinion, there is a possibility that the price might first enter the liquidity pool above the 1.08950 level for collecting more liquidity and then potentially undergo a corrective move.
(this post on tradingview)
Author : Arman Shaban
To see more analyzes of Gold , Forex Pairs , Cryptocurrencies , Indices and Stocks , be sure to Follow and Join us on other Platforms :
– Public Telegram Channel
– YouTube Channel
– TradingView
– X (Twitter)
– How to join our FOREX VIP Channel ?
– How to join our Crypto VIP Channel ?
– CONTACT ME directly on Telegram
