After the double top made around 1.1175, EurUsd dropped aggressively approx 200 pips. The pair found support at 1.0980 a previous support/resistance and also Fibo 61%.
Yesterday the pair put in a bullish engulfing which give us reason to be optimists.
The first resistance comes into place at 1.11 followed by 1.1175
Strategy:
Buy the market with a tight stop, under 1.0980
First target @ 1.11
Second target @ 1.1170
Yesterday the pair put in a bullish engulfing which give us reason to be optimists.
The first resistance comes into place at 1.11 followed by 1.1175
Strategy:
Buy the market with a tight stop, under 1.0980
First target @ 1.11
Second target @ 1.1170
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.