EURUSD- 17Jan2022
On the weekly, price bounced towards 20EMA before facing bearish pressure. On the daily, 20EMA and 50MA crossover indicates a short-term bullish momentum for further upside.
On the H4 time frame, price is coming into previous breakout level at 1.13920. We could expect EURUSD to bounce from this area.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, price bounced towards 20EMA before facing bearish pressure. On the daily, 20EMA and 50MA crossover indicates a short-term bullish momentum for further upside.
On the H4 time frame, price is coming into previous breakout level at 1.13920. We could expect EURUSD to bounce from this area.
This is for personal record purposes only, not financial advise or solicitation of trade.
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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.