EURUSD should rise but please dont buy it on MONDAY!
Dear traders,
as you can see EURUSD is hitting a key support and it is expected to rise.
Yet we have to notice that the closing price on FRIDAY was a the bottom of the range that means that bears were in full control til the end of the day.
My humble idea is that: on MONDAY we do nothing and stay flat.
If price rebounds on Monday, then we buy the very next day.
If the support is broken, I will personally prefer not to sell EURUSD ans see id it rebounds in the nosy area between 1.07-1.08.
Cheers
R
as you can see EURUSD is hitting a key support and it is expected to rise.
Yet we have to notice that the closing price on FRIDAY was a the bottom of the range that means that bears were in full control til the end of the day.
My humble idea is that: on MONDAY we do nothing and stay flat.
If price rebounds on Monday, then we buy the very next day.
If the support is broken, I will personally prefer not to sell EURUSD ans see id it rebounds in the nosy area between 1.07-1.08.
Cheers
R
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.
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.