$EURUSD | H1 Rebound in the Works

23 giu 2018

On the 1 hr time frame, price action preparing for a rebound from current $1.1650 levels as it reaches upper band range of the downward sloping trend line. This area seen as a resistance level as it prepares to break above this level as supported by emerging ichimoku grean cloud. If breakout occurs, we could see price action reaching previous 1hr bottom troughs set at $1.1736.