EUR/USD 4H SHORT
EUR/USD May fall 60-10 pips
Insight - Price is now moving in an ascending channel and is at the top of that range within the channel and at resistance at 1.1024 so price is likely to reverse and short to support at 1.0936
Intraday - 4H
Trade: Sell
Sell or Below: 1.1024
Entry: 1.0999
Target TP: 1.0936 & 1.0827
Pivot and Support 1.1024
Alternative scenario:
Trade: Buy
Buy or Above 1.1024
Target TP: 1.1112 & 1.1182
Insight - Price is now moving in an ascending channel and is at the top of that range within the channel and at resistance at 1.1024 so price is likely to reverse and short to support at 1.0936
Intraday - 4H
Trade: Sell
Sell or Below: 1.1024
Entry: 1.0999
Target TP: 1.0936 & 1.0827
Pivot and Support 1.1024
Alternative scenario:
Trade: Buy
Buy or Above 1.1024
Target TP: 1.1112 & 1.1182
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.