Euro / U.S. DollarShort
EURUSD
Weekly Timeframe:
A very strong rejection of the resistance level (1.19130). We can target the level above the nearest support level (1.14185).
Daily Timeframe:
Price has managed to retest the resistance level we identified on the weekly TF . Confirmation by a bullish pin bar.
Possible entry:
We can wait for price to break below 1.17000 and on the retest, enter the trade.
A very strong rejection of the resistance level (1.19130). We can target the level above the nearest support level (1.14185).
Daily Timeframe:
Price has managed to retest the resistance level we identified on the weekly TF . Confirmation by a bullish pin bar.
Possible entry:
We can wait for price to break below 1.17000 and on the retest, enter the trade.
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.