EURUSD is ATM hovering around 2018 key support level - 1.21550-1.21650 We have very anticipated news tomorrow coming from ECB which will give us the direction for Q2. In case this level gets broken, supports zones that follow will be around 1.20800 and next one is at 1.19200 On the other hand if we see hawkish ECB comments next station is 1.22600, then 1.23140,...
Price is trending bullish, locking for some good entry fibo lvls. Where u TP ? cu
I am looking for a buying opportunity at the monthly support on this pair.
The 2011 pattern looks very similar to the one we have now. Even the priceaction from the Bars look nearly the same to me. Facts for Long - similar pattern as in 2011 - support at the L-MLH is pointing North. - no real LT low is broken! - so far a wide distance from the open to the actual (potential) close Facts for Short - the frequency shift (red slidings)...