The falling wedge on the EUR/USD D1 chart has been broken. The news released yesterday that the rate hike in September should not be stopped further affected the market trend. At present, it seems that there is still room for further gains in EUR/USD. The long trading volume of the MACD indicator has gradually formed, and the signal line is gradually breaking towards the 0 axis.
The rising wedge on the H1 chart was broken further lower. At present, the ADX indicator +DI has broken through the -DI trend and there is a possibility of further reversal. And the price is currently unable to break through the lower support level, you can choose to go long at the low level.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.
