My friends, this is the current situation on EURUSD. personally i will be using price action to trade the pair within the areas i pointed with Arrows.
first we have a bullish trend, therefore a bouncing off from the trend line with a price action will see the pair trade up to the next resistance.
second, a break below the trend will see the pair to touch the heavy volumes area.
trade safe.
first we have a bullish trend, therefore a bouncing off from the trend line with a price action will see the pair trade up to the next resistance.
second, a break below the trend will see the pair to touch the heavy volumes area.
trade safe.
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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.