EURUSD Intra/Swing idea 25/02/2025
EURUSD is still struggling to confirm bearish momentum. Despite closing bearish yesterday with a 56-pip wick, we didn’t get a close below Friday’s low for true confirmation. Today has started bullish, and we could see a retest of yesterday’s wick. If we fail to close bearish below both Friday and yesterday’s wicks, momentum could shift bullish, especially with a body close above the yellow zone. That being said, the safest sells remain at 1.04271 and 1.02500, while buys only become valid with a break and close above 1.05300.
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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.