TradePlus-Fx|EURUSD: seller liquidation
Updated
đź’¬Description: The currency pair stood at the level of 1.06745, which is resistance at the moment. In addition, a lot of interest has recently accumulated at this level, which has been distributed downward. The significance of this current price area is great.
I assume that the instrument will come into balance at this level to accumulate positions and "eating" away volumes in the past. Thus, we calculate a rollback to the level of 1.06350. You can enter from this level, but be prepared to re-enter if your stop-loss is triggered. It's best to build up the pose gradually. The purpose of growth will be to eliminate sellers who now want to trade in the direction of the trend. The level that buyers will strive to reach is 1.07500.
đź””FX CALENDAR TODAYđź””
🇬🇧Manufacturing/Services/Composite PMI
🇪🇺ECB President Lagarde Speaks
🇺🇸Manufacturing/Services/Composite PMI
🇺🇸Richmond Manufacturing Index
🛢API Weekly Crude Oil Stock
âž–âž–âž–âž–âž–âž–âž–
🚀Thank for your BOOSTS🚀
👇Share your views and FOLLOW US👇
I assume that the instrument will come into balance at this level to accumulate positions and "eating" away volumes in the past. Thus, we calculate a rollback to the level of 1.06350. You can enter from this level, but be prepared to re-enter if your stop-loss is triggered. It's best to build up the pose gradually. The purpose of growth will be to eliminate sellers who now want to trade in the direction of the trend. The level that buyers will strive to reach is 1.07500.
đź””FX CALENDAR TODAYđź””
🇬🇧Manufacturing/Services/Composite PMI
🇪🇺ECB President Lagarde Speaks
🇺🇸Manufacturing/Services/Composite PMI
🇺🇸Richmond Manufacturing Index
🛢API Weekly Crude Oil Stock
âž–âž–âž–âž–âž–âž–âž–
🚀Thank for your BOOSTS🚀
👇Share your views and FOLLOW US👇
Trade active
Note
There is new idea for GOLD🚀
Trade closed: stop reached
Note
There is new idea for EURUSD🚀
Note
There is new idea for USDCAD🚀
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.