Long

H1 - EURUSD Bullish to test two zones

Updated

Technically, EURUSD is in a position to make a pivot to towards the monthly Volume weighted price (VWAP)

Price is currently 2 standard deviations away from MOnthly VWAP

weekly VWAP acting as resistance

RSI over 50 trending up

Note

So it is bouncing around the support zone and Weekly VWAP zone

Just gotta be patient.

Look for rentry at 1.14458 Support zone
or look for break above 1.4808 - Weekly VWAP

Note

Note

Was wrong here guys
The daily Timeframe was dictating to the down side.
If you were quick on 15min -1hr TF you may have snuck in 1 trade there.
Now we wait till the major zone is tested.

Note

Deeptendies

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.