EURUSD keeps rising.
so many traders are struggling with the identification of the next pivot point for the pair.
and indeed: just during the last two weeks, at least 4 key levels were easily broken to the upside without any hesitation.
on Friday the pair has reached an important historical area of resistance and the market closed with a strong rejection confirming the significance of the underlined area.
based on that, next week EURUSD may retrace lower at least to 1.122 - first strong support.
take this into consideration and adjust your trading plan accordingly!
have a great weekend!
please, support the idea with like and comment! thank you!
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✅Join My Telegram Channel: t.me/VasilyTrading
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✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.