Euro / U.S. DollarUpdated EURUSD Trade Idea
In yesterday's analysis, I discussed about EU could potential reverse back up breaching above 1.2055 minor resistance zone, which was exactly what the market performed. Hopefully it has been great for you to catch the short-term selling opportunities since early January if you're following me along. In today's trading session, I will be favoring short-term buying opportunities if there's pullback towards 1.2055 - 1.2060 support zone with 1.2150 minor resistance as the initial target.
Since January I've been calling short-term selling opportunities as I've identified a short-term reversal early on. As the uptrend on the higher timeframe (4h, daily, weekly, monthly) in EU is still well-intact, avoid going against the long-term trend. Do check out my previous EU post if you're keen to learn how I've noticed a bearish reversal since 6th Jan.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
Since January I've been calling short-term selling opportunities as I've identified a short-term reversal early on. As the uptrend on the higher timeframe (4h, daily, weekly, monthly) in EU is still well-intact, avoid going against the long-term trend. Do check out my previous EU post if you're keen to learn how I've noticed a bearish reversal since 6th Jan.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
Note
Previous analysis
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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.
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.