It can be time to buy EURUSD

We have 2 trend lines.
One is the short-time uptrend in the daily timeframe that is broken and retesting in this moment.
2nd one is a monthly and weekly timeframe downtrend that is a bit upper.
I personally will be waiting for today daily candle and its reaction and close.
I will buy in case of seeing a pin bar here. The safe target would be around the upper resistance bellows the long-term trend line. Around 1.19200.
Multiple Time Frame AnalysisSupport and ResistanceTrend Lines

Also on:

Related publications

Disclaimer