RESISTANCE AND SUPPORT LINES on EURUSD.

1 thg 11, 2018

In the EURUSD pair, in a 3-hour timeframe, we can observe multiple lines of support and resistance. The chart identifies the contacts in which the lines act as resistance with blue circles and the contacts in which it acts as a support with yellow circles. At this time prices are in contact with one of the lines so it gives us the possibility to go short if the line acts as resistance.