I was bearish for a move lower for EURUSD yesterday. The levels worked very well as it capped the highs and sold back down to the lows. EURUSD could be topping, thus I am looking at a potential dip and move higher, to re-test 1.0634 and if clear, for a move higher to 1.0714.
If unable to clear yesterday's highs again then could see another leg down. I am leaning towards the move higher IMO.
If unable to clear yesterday's highs again then could see another leg down. I am leaning towards the move higher IMO.
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Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
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.