Based on the current Daily trend, I see the EUR/USD falling to the May 2020 price level of 1.0800, and potentially lower. I will wait for a confirmation of a closed candle below that price level on the 1H timeframe before entering.
With am uptrend forming around 0.708, we can see key support levels at 0.712. Look for a buying opportunity as price will continue in the bullish trend. What are your thoughts?
On the 1HR timeframe, we can see a clear uptrend, shown by the trendlines on the chart. On December 11th, this trend began, after breaking through long just below 1.335.
Look for the trend to continue in a bullish direction, meeting a pullback around 1.355, then meeting the support around 1.35225.
If price stays in the current trend after hitting the key support...
