EUR/USD is currently in a strong bullish trend approaching a strong sell zone and therefore we may wait for price to rally to supply before a change in trend or we might as well wait to see a strong break of a major trend on the 4H. After the close of Monday's candle on the daily, we may have a fair idea of a where we are headed for the week.
According to the previous day's forecast, the second scenario begins. My suggestion to enter the trade is after the Pull-back at the entry point. Dear friends: Please write your suggestions and comments. I'll be glad If you write any forex currencies pair, cryptocurrency and stocks in the comments for analysis so that I can publish that ;)
EURUSD Technical Overview: Pivot: 1.1610 Key Resistance: 1.1655 - 1.1678 - 1.1700 - 1.1734 Key Support: 1.1600 - 1.1574 - 1.1555 - 1.1528 Technical Indicators: RSI: Indicator shows upside bias, moving above 50 level. MACD: MacD having buyer side volume. Moving Avg: SMA100 (1.1617) & SMA55 (1.1603) support for the day. Technical Most Likely Scenario: long @...