EURUSD at Key Resistance - Will it Drop to 1.03628?
EURUSD is at a critical resistance zone that has consistently acted as a barrier for bullish momentum. This area aligns with prior supply levels and may attract seller interest.
If rejection patterns, such as bearish engulfing candles or long upper wicks, appear, I anticipate a move toward 1.03628. Conversely, a break above this resistance could indicate a shift in sentiment.
Traders should monitor this zone closely and wait for confirmation before entering short positions. If you have anything to add or a different perspective, I’d love to hear from you in the comments!
If rejection patterns, such as bearish engulfing candles or long upper wicks, appear, I anticipate a move toward 1.03628. Conversely, a break above this resistance could indicate a shift in sentiment.
Traders should monitor this zone closely and wait for confirmation before entering short positions. If you have anything to add or a different perspective, I’d love to hear from you in the comments!
Transaction en cours
Trade fermée: cible de profit atteinte
Target hit!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.