Technical analysis for EURUSD for April 26, 2019

EURUSD has reached the lower boundary of the long-term wedge pattern at 1.1115 and price is bouncing. Trend remains bearish. Price remains inside the longer-term downward sloping wedge pattern. A short-term bounce towards 1.12 is possible for today. Black line – major resistance trend line Red line – support trend line Blue line – short-term […]