Euro / U.S. DollarShort
EUR/USD: Charting the Next Move
The EUR/USD pair continues to keep traders on their toes, and recent market movements have sparked a new wave of opportunity.
The final target from the previous idea was successfully hit, closing the previous trade. This new idea explores potential opportunities arising from the resistance mentioned earlier.
https://www.tradingview.com/chart/EURUSD/NcUhgUaN-EURUSD-APPROACHES-THE-RESISTANCE/
After successfully riding the bullish retracement from a pivotal monthly support level, the pair is now dancing with a significant resistance that has recently been revisited.
This sets the stage for a potential retracement, offering an exciting entry point for traders.
The initial target is 1.07520.
Remain vigilant for any market shifts that could alter the projected trajectory.
The final target from the previous idea was successfully hit, closing the previous trade. This new idea explores potential opportunities arising from the resistance mentioned earlier.
https://www.tradingview.com/chart/EURUSD/NcUhgUaN-EURUSD-APPROACHES-THE-RESISTANCE/
After successfully riding the bullish retracement from a pivotal monthly support level, the pair is now dancing with a significant resistance that has recently been revisited.
This sets the stage for a potential retracement, offering an exciting entry point for traders.
The initial target is 1.07520.
Remain vigilant for any market shifts that could alter the projected trajectory.
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