#EURUSD - 0306202

81
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.

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.