EURUSD | RESISTANCE AHEAD

٢١ أكتوبر ٢٠٢٢

EURUSD is approaching to its horizontal resistance of 0.98800 where bears once again show some powers. The dominent trend is bearish as clearily defined by bearish parallel channel. EMA55 is also the dynamic resistance for the EURUSD.

For bulls, the rising support is added advantage as price is respecting and making higher lows in shorter timeframe.

What do you think of EURUSD?