EURUSD: Trend continuation trade
Hi traders,
On the EURUSD we can see that the EURUSD has a made a new higher high after breaking the blue structure area. I'm expecting a retracement to this area and from there reach up to the next structure area, which is the red bar on the chart.
Price could also reach the 1.07000 area before going up.
Cheers
On the EURUSD we can see that the EURUSD has a made a new higher high after breaking the blue structure area. I'm expecting a retracement to this area and from there reach up to the next structure area, which is the red bar on the chart.
Price could also reach the 1.07000 area before going up.
Cheers
Note
Could also reach the 1.07000 area before going up.Here is the red bar on the daily timeframe.
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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.