Yesterday, EURUSD hit a new high, continuing its uptrend.
At the current price levels, the risk-to-reward ratio for long positions isn't favorable.
Monitor whether this upside momentum will sustain the price above its previous high.
Key USD news is expected tomorrow, which could influence the weekly close and potential future movements.
Avoid trading without confirmation!
At the current price levels, the risk-to-reward ratio for long positions isn't favorable.
Monitor whether this upside momentum will sustain the price above its previous high.
Key USD news is expected tomorrow, which could influence the weekly close and potential future movements.
Avoid trading without confirmation!
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❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.