In my previous EURUSD ideas(idea links attached below), I highlighted the support zone that sits in the 1.1690-1.1720 area.
As I predicted, EURUSD went up almost 100 pips from my highlighted support area.
Price is also above the 100H EMA and the overall market structure is Bullish.
So, I am expecting a continuation of the uptrend till the price reaches 1.19 level. If EURUSD drops towards the support again. traders can look for buy entries.
As I predicted, EURUSD went up almost 100 pips from my highlighted support area.
Price is also above the 100H EMA and the overall market structure is Bullish.
So, I am expecting a continuation of the uptrend till the price reaches 1.19 level. If EURUSD drops towards the support again. traders can look for buy entries.
Note
Price reached 1.19 as expected. Close to 100 pips since I posted this ideaRelated publications
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.
Related publications
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.