hey traders,
EURUSD is currently consolidating within a wide trading range.
from one side we have a sequence of two strong rejections around 1.093 level
from the other we have significant resistance level.
no matter what the news are, we should be focused on a daily candle close.
if it closes below the support, bears will push the market lower stopping out the majority of buyers,
if it closes above the resistance, we will see a bullish rally to higher structure levels.
*this idea is labeled as short, because of the current market trend
good luck!
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.