EURUSD on Crossroads.
Updated
Hey, I am back with another Forex analysis, today looking at EURUSD.
EU found same resistance level as the high of thursday, this can lead either to a double top.
I am going to buy a break of 1.1770 or short EURUSD to the uptrend line support of 1.17250.
EURUSD is in daily uptrend, but shorter time frame downtrend.
RSI can also close as another Double top confirmation.
Let me know what you think!
EU found same resistance level as the high of thursday, this can lead either to a double top.
I am going to buy a break of 1.1770 or short EURUSD to the uptrend line support of 1.17250.
EURUSD is in daily uptrend, but shorter time frame downtrend.
RSI can also close as another Double top confirmation.
Let me know what you think!
Trade closed: target reached
Take profit of 1.1800 was hit + 30 pips!
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