EURUSD EURUSD (H1) Potential buying opportunities may emerge.Indicators that have manifested:
1. Convergence of the RSI is evident within the lower region, approximately at 1.072
2. The current price range exhibits a narrow band in comparison to the preceding price surge, amounting to less than one-third of the prior increase.
3. The aforementioned resistance levels appear relatively feeble, given the brevity of the resistance duration.
The command can be executed as outlined below:
Buy Stop at 1.07476
Stop Loss (SL) at 1.07384
Take Profit 1 (TP1) at 1.07593
Take Profit 2 (TP2) at 1.07732
Note: Capital management 2%
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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.