#EURUSD Price is moving to demand and it is also react the 4HR resistance so it is possible to a drop And the price also expect touching the 50EMA and watch the any bearish candlestick formed in resistance area
Why we like it:
Price is moving to Resistance 4HR area
waiting for bearish candlestick formation
waiting for 50EMA retracement
1st support:
1.18355
Next Zone area & horizontal swing Low support
2nd support:
1.18166
Zone area & horizontal swing Low support
1st Resistance
1.18777
Zone area & horizontal swing high resistance
Why we like it:
Price is moving to Resistance 4HR area
waiting for bearish candlestick formation
waiting for 50EMA retracement
1st support:
1.18355
Next Zone area & horizontal swing Low support
2nd support:
1.18166
Zone area & horizontal swing Low support
1st Resistance
1.18777
Zone area & horizontal swing high resistance
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.
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.