EURUSD 4hour Analysis 5/31/20
EURUSD Long idea
This pair has turned majorly bullish on the 4hour timeframe breaking our daily range.
Current price action is in a strong bullish trend and is looking to make another push higher toward key resistance and our -27% fib level around 1.11800
The blue arrows are the most likely trade paths for current price action which support our bullish sentiment on this timeframe
The orange arrow represents how price action needs to move in order to consider a bearish trade opportunity
This pair has turned majorly bullish on the 4hour timeframe breaking our daily range.
Current price action is in a strong bullish trend and is looking to make another push higher toward key resistance and our -27% fib level around 1.11800
The blue arrows are the most likely trade paths for current price action which support our bullish sentiment on this timeframe
The orange arrow represents how price action needs to move in order to consider a bearish trade opportunity
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