EURUSD, "Euro vs. US Dollar"
As we can see in the H4 chart, EURUSD is still trading above 6/8. In this case, the price is expected to continue growing to reach the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 6/8. After that, the instrument may resume moving downwards to reach the support at 4/8.
In the M15 chart, the pair is moving between the lines of the VoltyChannel indicator, which means that the current situation is quite uncertain. If the price breaks the upside line, the instrument may continue trading upwards; otherwise – downwards.
Source: https://www.fxstreet.com/analysis/murre ... 1906280716
