sglwealth

Strong Possible Reversal for EUR/USD Daily Chart

Short
FX:EURUSD   Euro / Dollar Américain
6
Entering this week we have a strong possible reversal for Eur/Usd. Reason being price has entered a strong Supply Zone on the daily. Last time price was in this range back in January it made a strong bearish trend all the way to 1.04. If price can break trendline and close around 1.07600-500 and look to sell to at least 1ow 1.06-to high 1.05. That would be the next demand zone based off the daily. If price breaks above this current supply zone 1.08300 we can see a further bullish trend to 1.09500-1.11. Wait for price to break and close below trendline for sell.
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.