EurUsd could correct higher
Since mid-July, EurUsd has started to drop and the pair lost 600 pips since then in a clear down trend.
However, after touching the end of May low support, the pair started to reverse and the last 2 daily candles indicate the possibility of reversal.
Keep in mind though that we are now in the zone of a strong resistance and only a break above this zone would confirm continuation to the upside.
In such an instance, traders could target 1.0770 zone
However, after touching the end of May low support, the pair started to reverse and the last 2 daily candles indicate the possibility of reversal.
Keep in mind though that we are now in the zone of a strong resistance and only a break above this zone would confirm continuation to the upside.
In such an instance, traders could target 1.0770 zone
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.