EURUSD Short Idea
Updated
Hello
I think the price has reached the overbought area. If the price enters the downward phase, it is likely to fall as much as the last step. The last step is a sharp step that may come back sharp. That is, up to the range of 1.08365. In this area, there are 2 good supports and one good resistance.
Also, in the last step, the price has rested in 2 areas, which may be the order block in these areas. One is 1.08820 and the other is 1.08670.
I think the price has reached the overbought area. If the price enters the downward phase, it is likely to fall as much as the last step. The last step is a sharp step that may come back sharp. That is, up to the range of 1.08365. In this area, there are 2 good supports and one good resistance.
Also, in the last step, the price has rested in 2 areas, which may be the order block in these areas. One is 1.08820 and the other is 1.08670.
Trade closed: target reached
In this week, due to the news related to the employment rate and because it is very, very important news, the price fluctuated a little and waited for the news to be published. Anyway, I am happy that the price reached the target.
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