The EURUSD pair has been trading within a Channel Up pattern since the April 21 2025 High. The price is right now on a strong pull-back and is about to test the 1D MA50 (blue trend-line) for the first time since May 12.
As long as the 1D candle closes above the 1D MA50, it will be a buy signal, targeting 1.19250 (a standard +3.20% rise).
If the candle closes below the 1D MA50, the buy will be invalidated and we will switch to a sell, targeting the 1D MA100 (green trend-line) at 1.14100.
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As long as the 1D candle closes above the 1D MA50, it will be a buy signal, targeting 1.19250 (a standard +3.20% rise).
If the candle closes below the 1D MA50, the buy will be invalidated and we will switch to a sell, targeting the 1D MA100 (green trend-line) at 1.14100.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
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🤵Contact [email protected] t.me/tradingshot
🔥New service: next X100 crypto GEMS!
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🤵Contact [email protected] t.me/tradingshot
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.