Yesterday EURUSD rose to 1,0440, yet failed to make a higher top.
It is still possible to see a rise but we’ll be watching for movement exhaustion.
We remind you again that EURUSD is in a resistance zone on a daily chart and a reversal of the uptrend on H1 is possible.
A breakout of the bottom (1,0278) is needed to confirm the reversal.
It is still possible to see a rise but we’ll be watching for movement exhaustion.
We remind you again that EURUSD is in a resistance zone on a daily chart and a reversal of the uptrend on H1 is possible.
A breakout of the bottom (1,0278) is needed to confirm the reversal.
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✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.