- The EURUSD is in an upward structure, supported by a strong trendline.
- Currently, the price is encountering resistance at 1.09530. Rejection at this level is evident through multiple H1 candles closing with notable wicks.
- One can consider selling with a stop-loss at the peak, or look for a buying opportunity around 1.08912 near the trendline to optimize risk."
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.
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.