EUR/USD - Structure Identification and Forecast
Recently seen EURUSD reject 1.21. This is in line with a key psychological whole level and where price has previously bounced from, either as support or resistance.
The red line is a potential price path.
We are awaiting some hawkish fundamentals for the USD to act as a potential catalyst to break this structure and find bears entering the market.
Use channels to identify trend. Don't take trades purely off trendline bounces - they can be very subjective and very retail!
The red line is a potential price path.
We are awaiting some hawkish fundamentals for the USD to act as a potential catalyst to break this structure and find bears entering the market.
Use channels to identify trend. Don't take trades purely off trendline bounces - they can be very subjective and very retail!
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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.