EURUSD, AREA OF INTEREST
Hello all,
EURUSD shows a LL on the Daily Chart that was made on the 8th of March where it hit 1.1830ish. The pair is now at a resistance level; look for price action on the lower time frames to guide you in the direction of this pair.
Depending on price action, this pair might go lower to the 1.1830ish are or even to the 1.16ish area, or this pair could go to the 1.22ish area where last daily trendline was. Keep in mind the Stimulus Package that was signed by Biden in the US also.
I am not a financial advisor, I am simply providing my opinion based on technical analysis, you all listen to the fundamentals, good luck to all!
EURUSD shows a LL on the Daily Chart that was made on the 8th of March where it hit 1.1830ish. The pair is now at a resistance level; look for price action on the lower time frames to guide you in the direction of this pair.
Depending on price action, this pair might go lower to the 1.1830ish are or even to the 1.16ish area, or this pair could go to the 1.22ish area where last daily trendline was. Keep in mind the Stimulus Package that was signed by Biden in the US also.
I am not a financial advisor, I am simply providing my opinion based on technical analysis, you all listen to the fundamentals, good luck to all!
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