OANDA:EURUSD   ื™ื•ืจื• / ื“ื•ืœืจ ืืžืจื™ืงืื™
๐Ÿ”ฐYou can see the analysis of euros in US dollars in a two-hour time frame (EURUSD _ 2H)๐Ÿ”๐Ÿง

โœด๏ธAs is evident from the image, the price is moving in a descending parallel channel (black๐Ÿ–ค channel). After breaking the bullish parallel channel (purple๐Ÿ’œ color) in the main bearish parallel channel (black๐Ÿ–ค color) the price has fallen to the DEMAND๐Ÿ’› range. The price can rise up to its SUPPLY๐Ÿ’› range as specified in the pictureโ—โ— However, if it breaks the DEMAND๐Ÿ’› range downwards, it can descend to the bottom line of the downtrend channel and the 1.618 Fibonacci retracement range (orange๐Ÿงก) drawn from the A_B pointโ—๐Ÿง

In your opinion, the price will move according to which scenario, GREEN๐Ÿ’š or REDโค๏ธ โ“โ“

I hope the analysis was useful for you๐Ÿค๐ŸŒน

๐Ÿ“ŒPlease introduce the channel to your friends ๐Ÿ™๐Ÿป


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