#EURUSD - 28112024
I was bullish EURUSD yesterday and it made a good up move, without a dip though. Price just based near the PZ and just rallied higher and is now pausing at the strong level. Overall, I see EURUSD has the potential to move higher to 1.0660 before a rejection and move lower.
The situation now is that EURUSD has sold down greatly but now looked to have bottomed based on the near term price action. Counter trend it might be, there is nothing bearish at the current moment. Short term overbought, might get a pullback; if so, 1.0500/12 will be good level to look for longs for a move higher.
The situation now is that EURUSD has sold down greatly but now looked to have bottomed based on the near term price action. Counter trend it might be, there is nothing bearish at the current moment. Short term overbought, might get a pullback; if so, 1.0500/12 will be good level to look for longs for a move higher.
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