H4 EURUSD Chart Analysis - Looking for Short opportunities
Need to monitor price movement after price touched support line and rebounded.
Price price movement still suggest stronger sell trend, with a short term reversal.
Price likely aiming for H4 resistance line (1.08964)
Depending on how far buyers can drive price up, this will determine if there are short opportunities.
Price price movement still suggest stronger sell trend, with a short term reversal.
Price likely aiming for H4 resistance line (1.08964)
Depending on how far buyers can drive price up, this will determine if there are short opportunities.
Note
H1 showing sign of downtrend.
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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.