EURUSD made a good move as per plan on Friday; an initial dip to PZ which was bought up for a 70pips move to the double resistance before a pullback. Overall, EURUSD is bullish on monthly, while on weekly, it is green but a tweezer type of candle which indicate decision while on daily, it is bullish. Still room to the upside IMO.
I would be looking for a re-test of 1.0842 strong level for a move higher to 1.0896 and possibly 1.0918. Lots of high impact news this week, could see lots of chop, thus trade safe.
I would be looking for a re-test of 1.0842 strong level for a move higher to 1.0896 and possibly 1.0918. Lots of high impact news this week, could see lots of chop, thus trade safe.
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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.