Sequence of Analysis

1. Let the market stretch
2. Support / Resistance
3. Price Actions
4. MACD / Stochastic
5. Overbought / oversold - two long candle (hourly / 4H / Daily

Sunday, December 6, 2020

EUR-USD technical analysis 07-Dec-2020

This is technical analysis forecast for euro dollar pair - the prospect of further upside is high but that is not without a fight at the resistance of the weekly time frame which is on the brink of collapse. If the support on the weekly time frame hold then further upside is imminent but for the time being it maybe fluctuating without the support resistance level of the 4H time frame. 

We will wait and see what happens...
 
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