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Salah

EURUSD reached a strong resistance zone, good for SELLEURUSD is going to continue it's bullish momentum after breaking out from the resistance level of 1.11539, might make a new pullback retesting the level before continuing rising until the strong resistance at the level 1.12140 which will be good place to start selling EURUSD, the pair is expected to fall for 100 pips after hitting this resistance level. keep in mind that the EURUSD kept trying to breakout from the resistance of 1.12140 for continues 6 days in August, indicating the strength of the level and it might take some time before falling, don't decide any SL unless you see a clear full breakout bar of this resistance.
by SalahIsam
33

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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