➡️ EURUSD has experienced a rebound, surpassing the earlier peak and establishing a higher one. Significantly, this breakthrough occurred on the daily timeframe, suggesting a strong likelihood of upward movement in the short term. Currently, the primary trading strategy for this currency pair is to monitor and consider buying.
✔️The closest support area is located near the previous bottom around 1.0850. Traders may opt to wait for the price to retrace to this level and subsequently search for potential trading signals.
✔️The closest support area is located near the previous bottom around 1.0850. Traders may opt to wait for the price to retrace to this level and subsequently search for potential trading signals.
Note
✔️ Everything is still going as expected
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.