Accumulating position for bounce scalp
Updated
EUR/USD bounced from 1.117, but failed to grow above previous LH level at 1.13534. Now we have several potential bounce zones within this choppy market picture. First one is where price is now. Second lower at 1.12555 and so on.
Support 1.129 / 1.125 / 1.121 / 1.117
Resistance 1.132 / 1.135 / 1.137
Support 1.129 / 1.125 / 1.121 / 1.117
Resistance 1.132 / 1.135 / 1.137
Comment
EUR/USD yearly close/open obviously appeared to be the strongest support. EUR spent 3 days there and finally bounced. Now growing to re-test 1.1287 resistance. Can wick above to 1.13. So far EUR look stronger.
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