✅EUR_USD WHEN TO BUY? LONG🚀
âś…EUR_USD is falling in a downtrend
And the pair has already lost almost 9% from the local highs
Which is a LOT for such a major pair, especially given
That the bulk of the action happened in the last few weeks
So the pair is locally oversold
And I think that those who are in the short trades
Are looking for a level at which to close their positions
At least partly, and the first strong structure is around 1.1179
From there I would be expecting a pullback and a bullish correction
So If we see reversal signs, it would be a great place to buy
IF the level is broken, however, then the nearest support
Would be 1.0759 level, which looks iron-clad
And so the pair will most certainly go up from this level
LONG🚀
âś…Like and subscribe to never miss a new idea!âś…
âś… FREE Telegram channel: t.me/prosignalsfxx
âś… My Website: prosignalsfx.eu/
âś… For VIP SIGNALS contact: t.me/prosignalsfx_contact
âś… RELIABLE BROKER: prosignalsfx.eu/trustedbroker
âś… My Website: prosignalsfx.eu/
âś… For VIP SIGNALS contact: t.me/prosignalsfx_contact
âś… RELIABLE BROKER: prosignalsfx.eu/trustedbroker
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.