#EURUSD - 27112024
EURUSD sold down early yesterday on Trump's tariff news which gave the perfect long. I said to look for a move higher from 1.0430 and it was the low as it rallied over 100 pips going up to 1.0544 strong level before pulling back half way.
What's next? Daily candle closed red with long upper and lower wick. We see a down move from 1.0544 to 1.0440 which is quite a big down followed by a recovery. I have no strong view from here, but IMO, what we could see is that EURUSD could make a move lower (below yesterday's low), possible to fill Monday's gap at 1.0430, then move higher.
What's next? Daily candle closed red with long upper and lower wick. We see a down move from 1.0544 to 1.0440 which is quite a big down followed by a recovery. I have no strong view from here, but IMO, what we could see is that EURUSD could make a move lower (below yesterday's low), possible to fill Monday's gap at 1.0430, then move higher.
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Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
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.