Yesterday the big news passed and EURUSD went up over 100 pips.
Thus, it broke the resistance and confirmed the upward movement.
All active buys can be with stops moved below 1.1000.
The next resistances are at 1.1178 and 1.1274.
The levels around 1.1080 will now act as a support and we will look for buys on a pullback.
Today, we are more likely to see a continuation of the move towards 1.1178 before the correction starts.
Thus, it broke the resistance and confirmed the upward movement.
All active buys can be with stops moved below 1.1000.
The next resistances are at 1.1178 and 1.1274.
The levels around 1.1080 will now act as a support and we will look for buys on a pullback.
Today, we are more likely to see a continuation of the move towards 1.1178 before the correction starts.
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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.