💡 EURUSD: Analysis January 17
Updated
EURUSD has fallen to the support zone around 1.0850. If the price forms and gives us a signal to buy up in this zone, we can consider trading.
If you trade this frame, please note that you can wait for the price to break the most recent peak of the H4 frame and then look for a buyback price according to the previous price increase, so you will have a much higher probability of winning. .
In general, with this currency pair, please pay attention to the current support price area around 1.0850. If there is a signal of a price decrease, you can consider trading.
Also note that we have a small resistance level around the round number 1.0900. If you are trading in the low frame and see the price approaching this area and forming a nice bearish signal, you can consider it. Can you please sell soup from this area?
If you trade this frame, please note that you can wait for the price to break the most recent peak of the H4 frame and then look for a buyback price according to the previous price increase, so you will have a much higher probability of winning. .
In general, with this currency pair, please pay attention to the current support price area around 1.0850. If there is a signal of a price decrease, you can consider trading.
Also note that we have a small resistance level around the round number 1.0900. If you are trading in the low frame and see the price approaching this area and forming a nice bearish signal, you can consider it. Can you please sell soup from this area?
Note
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