Euro / U.S. DollarShort
EURUSD SHORT
Hey Traders! Happy Sunday, let's get this week started right with the Top FX Pairs on my watchlist,
And all the zones I am looking for possible trades in for this week.
Firstly we have EURUSD which for the whole of last week was in an Uptrend.
This pair has just crossed over the 50EMA and is now coming up to a Major WEEKLY Structure Resistance Level . This is a level that has been tested multiple times by the EURUSD. Because of that and in combination with the Uptrend, this will be an area that I am looking at for possible counter-trend continuation to the downside from this area.
Major WEEKLY Structure Resistance Level= (1.13595-1.14250)
Above this,
There's also another Major MONTHLY Structure Resistance Level that has been tested multiple times
Levels= (1.14600-1.15260)
And all the zones I am looking for possible trades in for this week.
Firstly we have EURUSD which for the whole of last week was in an Uptrend.
This pair has just crossed over the 50EMA and is now coming up to a Major WEEKLY Structure Resistance Level . This is a level that has been tested multiple times by the EURUSD. Because of that and in combination with the Uptrend, this will be an area that I am looking at for possible counter-trend continuation to the downside from this area.
Major WEEKLY Structure Resistance Level= (1.13595-1.14250)
Above this,
There's also another Major MONTHLY Structure Resistance Level that has been tested multiple times
Levels= (1.14600-1.15260)
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