Carefully with EURUSD
Yesterday we saw sharp reversal on EURUSD and it's quite important to see how this move will continue.
If we see a break below previous low then we would consider that the upside direction is coming to an end, therefore we will be looking for selling opportunities only.
However, we're still in a bullish trend and there is a chance for another upside leg taking price a little higher than the 1,1850 level.
Once price gets up there we would then be looking for a possible exhaustion and reversal.
If you don't have any active trades, then we suggest to be patient and wait.
See how this situation will develop in our daily analysis!
If we see a break below previous low then we would consider that the upside direction is coming to an end, therefore we will be looking for selling opportunities only.
However, we're still in a bullish trend and there is a chance for another upside leg taking price a little higher than the 1,1850 level.
Once price gets up there we would then be looking for a possible exhaustion and reversal.
If you don't have any active trades, then we suggest to be patient and wait.
See how this situation will develop in our daily analysis!
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✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Publications connexes
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.