👩🏽💻Technical: the EURUSD pair is currently showing an upward trend on both the monthly and weekly timeframes. Additionally, the pair is moving closer to its daily high, with a 1-hour bullish closure indicating that buyers are actively trying to gain control.
🎯 For an ideal entry: There may be an opportunity to take advantage of a potential pullback to the support level shown in the photo. By waiting for such a pullback, you could potentially achieve a more favourable risk-to-reward ratio and aim for the previous high.
🎯 For an ideal entry: There may be an opportunity to take advantage of a potential pullback to the support level shown in the photo. By waiting for such a pullback, you could potentially achieve a more favourable risk-to-reward ratio and aim for the previous high.
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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.