EUR.USD - Daily Outlook
The EUR.USD is one pair on my watchlist into Monday / Tuesday.
Although i posted a H&S formation on Wednesday, price has now failed to accelerate away from the 1.0550 level after forming a low test candle.
Due to the this weak bounce of a strong support level, i will be looking to take this pair short into early next week.
Although i posted a H&S formation on Wednesday, price has now failed to accelerate away from the 1.0550 level after forming a low test candle.
Due to the this weak bounce of a strong support level, i will be looking to take this pair short into early next week.
Note
I will be looking for a break below 1.055 level before direction is confirmed.Note
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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.
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.