Eurusd came down as I predicted, based on price action.
Price hit a strong support and now up. Short term bias is up, but with yesterday's strong down candle, this is likely a pullback.
Price approaching 1.18432-52.Good R:R to go short. If it breeches this zone, be cautiously bullish, targeting 1.1890 and 1.19160. Unlikely price will hit 1.1962. It will present a low risk sell level.
Below we need to break 1.1798-802 - strong support. Multiple supports below, just fy - 1.1784-88, 1.1766-702. Trail ur stops if you are short. If these are cleared, 1.17208 should be easy
Price hit a strong support and now up. Short term bias is up, but with yesterday's strong down candle, this is likely a pullback.
Price approaching 1.18432-52.Good R:R to go short. If it breeches this zone, be cautiously bullish, targeting 1.1890 and 1.19160. Unlikely price will hit 1.1962. It will present a low risk sell level.
Below we need to break 1.1798-802 - strong support. Multiple supports below, just fy - 1.1784-88, 1.1766-702. Trail ur stops if you are short. If these are cleared, 1.17208 should be easy
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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.