Hey, I am back with another Forex analysis, today looking at EURUSD.
EU found same resistance level as the high of thursday, this can lead either to a double top.
I am going to buy a break of 1.1770 or short EURUSD to the uptrend line support of 1.17250.
EURUSD is in daily uptrend, but shorter time frame downtrend.
RSI can also close as another Double top confirmation.
Let me know what you think!
EU found same resistance level as the high of thursday, this can lead either to a double top.
I am going to buy a break of 1.1770 or short EURUSD to the uptrend line support of 1.17250.
EURUSD is in daily uptrend, but shorter time frame downtrend.
RSI can also close as another Double top confirmation.
Let me know what you think!
Trade closed: target reached
Take profit of 1.1800 was hit + 30 pips!
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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.
Related publications
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.