Hello everyone! What’s your take on EURUSD?
EURUSD is clearly in a strong uptrend, but we should also keep an eye on potential short-term selling opportunities.
I’ve placed an entry near the psychological resistance at 1.175, waiting for signs of a reversal. If strong selling pressure emerges at this zone, EURUSD could pull back with two clear targets: TP1 around 1.1650 and TP2 near the 1.1590 support, an area of previous high-volume accumulation.
Confirmation would come from a bearish reversal candlestick at resistance, ideally with increasing volume. This could be a great opportunity for those waiting for a healthy correction before the uptrend resumes.
What’s your outlook on this pair?
EURUSD is clearly in a strong uptrend, but we should also keep an eye on potential short-term selling opportunities.
I’ve placed an entry near the psychological resistance at 1.175, waiting for signs of a reversal. If strong selling pressure emerges at this zone, EURUSD could pull back with two clear targets: TP1 around 1.1650 and TP2 near the 1.1590 support, an area of previous high-volume accumulation.
Confirmation would come from a bearish reversal candlestick at resistance, ideally with increasing volume. This could be a great opportunity for those waiting for a healthy correction before the uptrend resumes.
What’s your outlook on this pair?
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✅You can get 7-10 Forex, XAUUSD, Bitcoin...signal every day
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+6a8jSQbpr2tmYWFl
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+6a8jSQbpr2tmYWFl
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.