EURUSD rejected from major uptrendline
Price is supported on strong demand zone at 1.1068
and 61.8% Fibonacci level at 1.1079 of preceding bearish wave
HVN at level 1.1082 is collinear with demand zone which indicates that price now is in accumulation phase and strong bullish wave will start soon
We r waiting price to exceed resistance level at 1.1103 for going long trade
MACD shows bullish momentum
Targets will be at levels 1.1171 then 1.1238 respectively
Price is supported on strong demand zone at 1.1068
and 61.8% Fibonacci level at 1.1079 of preceding bearish wave
HVN at level 1.1082 is collinear with demand zone which indicates that price now is in accumulation phase and strong bullish wave will start soon
We r waiting price to exceed resistance level at 1.1103 for going long trade
MACD shows bullish momentum
Targets will be at levels 1.1171 then 1.1238 respectively
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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.
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.