Lingrid | EURUSD Hits DEMAND Zone with LONG Potential
Updated
EURUSD has reached the demand zone from which the price surged in August. The market experienced a fake breakout at the 1.078000 level, which may suggest a potential pullback. I believe the market could retrace towards the resistance level because it is maybe overextended, and the 
DXY has also reached a key resistance zone. On the 4H timeframe, the market has formed a bullish divergence, indicating a possible correction in the market. My target is resistance zone around 1.09190Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Trade closed: target reached
It hit target zone
📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
Related publications
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.