EUR-USD Local Support And Resistance Analysis!
Hello,Traders!
EUR-USD is trading in an uptrend
So our basic underlying bias is bullish
However, looking at the 1D TF we can see
That the horizontal resistance that we are seeing
On the chart above is a weekly resistance level
Which means that the soon breakout is
Somewhat unlikely therefore
We will be expecting a bearish correction
In the mid-term so these are the closest
Horizontal support levels to look at:
Horizontal Support 1= 1.06(weak)
Horizontal Support 2= 1.045
Horizontal Support 3= 1.025
Like, comment and subscribe to boost your trading!
See other ideas below too!
✅Join My FREE Telegram Channel: t.me/top_tradingsignals
✅Contact Me For Signals: t.me/toptradingsignalsfx
✅Visit my Website: toptradingsignals.net/
✅My Broker: toptradingsignals.net/bestbroker
✅Contact Me For Signals: t.me/toptradingsignalsfx
✅Visit my Website: toptradingsignals.net/
✅My Broker: toptradingsignals.net/bestbroker
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.