EURUSD 4H ( try to retest )
EURUSD
Analyze
the price of eurusd lost a lot of point since last week until forced to stabilized under strong support zone 1.0919 - 1.0961 and it is considered that is strong support zone
Currently , The EUR/USD pair presents additional positive trades to attack 1.0893 and try to consolidate above it, which makes us prefer to remain neutral until the price confirms its position regarding this level, and then clearly defines its next destination.
We note that confirming consolidaton below 1.0893 will push the price to continue the bearish and reach 1.0874 and 1.0845 and it will considered that was just retst and price will be continue losing point
We note that confirming the breach 1.0893 will push the price to continue the rise and visit 1.0919 and 1.0961 initially, and then drop again.
support line : 1.0874 , 1.0845 , 1.0791
resistance line : 1.0893 , 1.0919 , 1.0961
downtrend
TP : 1.0874 = 22 pip
TP : 1.0845 = 51 pip
TP : 1.0791 =105pip
Exit position : 1.0920 = 24 pip
Analyze
the price of eurusd lost a lot of point since last week until forced to stabilized under strong support zone 1.0919 - 1.0961 and it is considered that is strong support zone
Currently , The EUR/USD pair presents additional positive trades to attack 1.0893 and try to consolidate above it, which makes us prefer to remain neutral until the price confirms its position regarding this level, and then clearly defines its next destination.
We note that confirming consolidaton below 1.0893 will push the price to continue the bearish and reach 1.0874 and 1.0845 and it will considered that was just retst and price will be continue losing point
We note that confirming the breach 1.0893 will push the price to continue the rise and visit 1.0919 and 1.0961 initially, and then drop again.
support line : 1.0874 , 1.0845 , 1.0791
resistance line : 1.0893 , 1.0919 , 1.0961
downtrend
TP : 1.0874 = 22 pip
TP : 1.0845 = 51 pip
TP : 1.0791 =105pip
Exit position : 1.0920 = 24 pip
about 4 Analysis per day.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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