EUR/USD: The Direction of Highest Probability on the

Tian Kriek

Analyst


December 1, 2020 11:20 AM

BULLISH

Daily Trading Range:
EUR/USD: The Direction of Highest Probability on the Weekly chart remains Bearish unless price makes a higher high (1.2011). Even though there is a down AB Boundary on the Daily chart I can see that the down inner trend line was broken to the upside without price hitting the D extension. There is no alignment due to the fact that the Weekly Probability is Bearish and the Daily Probability is Bullish Get this chart and analysis for free. Copy and Paste the following link in your browser: https://smarttrader.com/charts/tkriek/tk-aod-ny-workspaces_5/

Daily Chart

Daily Chart

Daily Support and Resistance

Resistance 3: 1.7000
Resistance 2: 1.5000
Resistance 1: 1.2000
Current Price 1.1880
Support 1: 1.1100
Support 2: 1.0500
Support 3: 1.0000

Two Hour Chart

Two Hour Chart
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