Euro / U.S. DollarShort
EURUSD Swing Trade idea 27/01/2025
EURUSD appears primed for a bearish move after Friday’s pullback to the key 1.05000 level, which played out as anticipated.
However, given the strong bullish weekly close and the absence of any major news events today, I’m opting to stay patient and wait for the daily candle to close before considering an entry. This will provide better clarity and ensure a higher probability setup.
It’s crucial to monitor price action around this level to confirm whether the bearish bias plays out or if further upside is possible.
However, given the strong bullish weekly close and the absence of any major news events today, I’m opting to stay patient and wait for the daily candle to close before considering an entry. This will provide better clarity and ensure a higher probability setup.
It’s crucial to monitor price action around this level to confirm whether the bearish bias plays out or if further upside is possible.
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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.