Currently in support

٧ أغسطس ٢٠٢٣

MACD has deviated for 4 hours, which usually leads to a market trend of 1-2 weeks. Currently, it has only been moving for 2 days. So the indicator shows an upward trend in prices. Also, due to the strong price breakthrough of the 2-hour effective fractal, and the current price is on the crocodile line, with the green arrow section. Currently, it has been recalled. The current callback position is at the left multiple supports, as shown in the red rectangle. Currently, around rsi 50, it usually means that the callback is completed. We set our goal for this week at a strong resistance position, as shown by the blue line. This is also close to the pivot point target R3. This is a personal analysis of eurusd this week.