EURUSD H4 11/30/2020
Hello,
At this moment, the currency pair is in the critical zone of (1.1960 to 1.2013).
Last week, EURUSD broke the 1.1920 resistance and consolidated above it at daily time frame.
My opinion: it is highly possible that the price passes tha critical zone and rally up to 1.2500 area.
Alternative scenario: If price could not pass critical zone,so the trend would go down toward 1.1750, 1.1696, 1.1610 supports.
please comment you ideas for me
regards
At this moment, the currency pair is in the critical zone of (1.1960 to 1.2013).
Last week, EURUSD broke the 1.1920 resistance and consolidated above it at daily time frame.
My opinion: it is highly possible that the price passes tha critical zone and rally up to 1.2500 area.
Alternative scenario: If price could not pass critical zone,so the trend would go down toward 1.1750, 1.1696, 1.1610 supports.
please comment you ideas for me
regards
Note
I setup buy@1.19620 SL:1.1930 TP:1.2120Trade closed: target reached
it has reached our specified Target area
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Related publications
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.