Hi traders,
On the EURUSD we can see that the EURUSD has a made a new higher high after breaking the blue structure area. I'm expecting a retracement to this area and from there reach up to the next structure area, which is the red bar on the chart.
Price could also reach the 1.07000 area before going up.
Cheers
On the EURUSD we can see that the EURUSD has a made a new higher high after breaking the blue structure area. I'm expecting a retracement to this area and from there reach up to the next structure area, which is the red bar on the chart.
Price could also reach the 1.07000 area before going up.
Cheers
Here is the red bar on the daily timeframe.