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Euro / U.S. Dollar
Short

EURUSD: Breakout & Two Zones To Watch Next Week 🇪🇺🇺🇸

901
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Hey traders,

This week EURUSD broke and closed below a year's low.
Trading below that structure we remain bearish bias and expect a bearish continuation on a mid-term.

From a current perspective I will expect the next swing move from two potential sell zones:

  • Zone 1
    1.17 - 1.172 Resistance.
    Wait for a test of that structure and look for a confirmation to short from there.

  • Zone 2
    1.179 - 1.1805 Resistance.
    Upper supply area, in case of a bullish violation of zone 1, will be the closest safe area for potential shorting.


Watch these zone carefully next week.

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VasilyTrader
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Also on:
dollareuroEURUSDForexSupply and DemandSupport and ResistancetradingUSDDJ FXCM IndexWave Analysis

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dollareuroEURUSDForexSupply and DemandSupport and ResistancetradingUSDDJ FXCM IndexWave Analysis
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Also on:

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.