eur/usd - rejection, + local support breakout
#EURUSD firstly got rejected of the horizontal resistance zone on 1.14030. now also lost the local support.
we can try to catch the decline with the stop-loss above the local support on 1.12880.
I expect this pair to revisit the lower horizontal support zones. first main target is 1.11150, then reenter the short if this support gets broken
we can try to catch the decline with the stop-loss above the local support on 1.12880.
I expect this pair to revisit the lower horizontal support zones. first main target is 1.11150, then reenter the short if this support gets broken
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.