16062023 - #EURUSD
Called for EURUSD 1.0950 on Wednesday (tradingview.com/chart/EURUSD/xUAKeZWn-14062023-EURUSD/) hit it with almost 200 points ripper yesterday after an initial pullback to my level and boom.
Target hit; what's next? DXY also nicely hit my target at 102.20. I see possible strong support at 101.90 thus if that price touches, we should see a big bounce, which means EURUSD might spike and come down. Based on this, looking for a possible up move first to first resistance at 1.0976 or so before a rejection down t 1.0920 then 1.0880. Again need to mention that this is a counter trend trade; thus trade with care. Patience and safer would be to let price pullback (go down) to the zones before as support and long on the turn.
Target hit; what's next? DXY also nicely hit my target at 102.20. I see possible strong support at 101.90 thus if that price touches, we should see a big bounce, which means EURUSD might spike and come down. Based on this, looking for a possible up move first to first resistance at 1.0976 or so before a rejection down t 1.0920 then 1.0880. Again need to mention that this is a counter trend trade; thus trade with care. Patience and safer would be to let price pullback (go down) to the zones before as support and long on the turn.
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