Hi Traders!
EURUSD is holding steady near market lows, and there is a possibility for long entries to target upside resistance levels.
Price Action 📊
The price action currently looks bullish, with market swings showing higher highs and higher lows, and the market has formed an ascending price channel.
Fundamental Analysis 📰
The European Central Bank took a further step on Wednesday towards launching a digital version of the euro that would let people in the 20 countries that share the single currency make electronic payments securely and free of charge.
Support 📉
1.05200: TRENDLINE SUPPORT
Resistance 📈
1.05950: SWING HIGH RESISTANCE
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
EURUSD is holding steady near market lows, and there is a possibility for long entries to target upside resistance levels.
Price Action 📊
The price action currently looks bullish, with market swings showing higher highs and higher lows, and the market has formed an ascending price channel.
Fundamental Analysis 📰
The European Central Bank took a further step on Wednesday towards launching a digital version of the euro that would let people in the 20 countries that share the single currency make electronic payments securely and free of charge.
Support 📉
1.05200: TRENDLINE SUPPORT
Resistance 📈
1.05950: SWING HIGH RESISTANCE
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
Note
Break above 20 EMATrade closed: target reached
Target Reached
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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.
JOIN OUR FREE TELEGRAM CHANNEL
t.me/bluetonaFX
t.me/bluetonaFX
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.