Lingrid | EURUSD resistance ZONE Rejection. Potential SHORT

30 janv.

EURUSD market pulled back towards the support level, only to surge above the previous week's high before reversing course. This sudden move effectively rejected the psychological level of 1.0500. Furthermore, the market broke and closed below the upward trendline, a that support the price for 2 weeks. Given the high-impact news scheduled for today, we can anticipate some increased volatility and potential spikes. In light of this, I believe the market will retest the resistance zone, paving the way for a bearish move. My goal is support zone around 1.03425

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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