Indicators are reading neutral which I can see
Right now price is ranging 1.13700-1.12700
Price is making LH and LL on the 4hr and Daily Time frame
Price is near a key support area and from my aspect of price action it looks like it isn't breaking 1.12700
DXY is also heading near a recent high 99.932 and the probability of his breaking is weak if it does this trade becomes invalid
Right now price is in the contraction phase waiting to go into expansion
In order for me to Sell EURUSD I need to see a strong push to the down side forming within the bodies of candles no wicks
Otherwise I am Still Bullish on EURUSD
BUY 1.12868
SL 1.12660
TP1 1.3200
TP2 1.13360
TP3 1.13650
Right now price is ranging 1.13700-1.12700
Price is making LH and LL on the 4hr and Daily Time frame
Price is near a key support area and from my aspect of price action it looks like it isn't breaking 1.12700
DXY is also heading near a recent high 99.932 and the probability of his breaking is weak if it does this trade becomes invalid
Right now price is in the contraction phase waiting to go into expansion
In order for me to Sell EURUSD I need to see a strong push to the down side forming within the bodies of candles no wicks
Otherwise I am Still Bullish on EURUSD
BUY 1.12868
SL 1.12660
TP1 1.3200
TP2 1.13360
TP3 1.13650
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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.