Daily EURUSD still below the 10EMA, so I am bearish. Levels as you can see at the below dashed ray lines (1.11464 and 1.11156) looking to take profit on the short at these points and reverse into a buy for a quick day trade/scalp.
First level reached has confluence as a previous resistance and a fair value gap (still not convinced on the validity of these).
Lower level has also been a previous resistance creating a weak high on 3rd April. 2025.
First level reached has confluence as a previous resistance and a fair value gap (still not convinced on the validity of these).
Lower level has also been a previous resistance creating a weak high on 3rd April. 2025.
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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.