EURUSD - Outlook for 04/12/2024
EURUSD has been ranging and completed a lower move to support. As far as the support holds, we should see above levels tapped in coming sessions. A sustained break of support will result in bearish move to lower levels.
For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
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For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
If you found this analysis helpful, please consider boosting and following for more updates.
Disclaimer: This content is for educational purposes only and should not be considered financial advice.
Note
Caution: We are seeing EMA 50 crossing down to MA 200 and a sustained break below will confirm bearish move.
Disclaimer
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