Today's EURUSD strategy will decrease again, what do you think
Updated
On the hourly chart of EUR/USD at FXOpen, the pair started fresh gains above the 1.0930 zone. The Euro broke above the 1.0985 resistance area against the US Dollar.
The pair even settled above the 1.1020 resistance and the 50 hourly simple moving average. Finally, it tested the 1.1040 resistance level. A high was formed near 1.1044 and the pair is currently consolidating gains.
If there is a downside correction, the pair could test the 23.6% Fib retracement level of the upward move from the 1.0929 swing low to 1.1044 high at 1.1020. There is also a key uptrend line forming with support near 1.1020 and the 50 hourly simple moving average.
The pair even settled above the 1.1020 resistance and the 50 hourly simple moving average. Finally, it tested the 1.1040 resistance level. A high was formed near 1.1044 and the pair is currently consolidating gains.
If there is a downside correction, the pair could test the 23.6% Fib retracement level of the upward move from the 1.0929 swing low to 1.1044 high at 1.1020. There is also a key uptrend line forming with support near 1.1020 and the 50 hourly simple moving average.
Note
💵EURUSD SELL 1.1120-1.1140💵✔️TP1 1.1100
✔️TP2 1.1080
❌SL 1.1160
Note
💵XAUUSD SELL NOW 2088-2090💵✔️TP1 2084
✔️TP2 2080
❌SL 2096
Note
💵XAUUSD SELL NOW 2088-2090💵✔️TP1 2084
✔️TP2 2080
❌SL 2096
Close all +70pips✔️✔️✔️
Note
💵XAUUSD SELL 2075-2077💵✔️TP1 2071
✔️TP2 2067
❌SL 2081
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