Euro / U.S. Dollar

#EURUSD - 12122024

61
I was bearish EURUSD for a move lower yesterday, then a bounce off 1.0476 strong level. EURUSD did not go up to 1.05552 sell level but we got a nice level to level move, from PZ to 1.0494, bounced back down before a move back down.

Yesterday closed as a red day. I did said on weekly, we could see an up from here, but based on price action, I do not see a low yet. Thus IMO, I am looking at 1.0514 to hold for a move lower to 1.0476. IMO, if we are to get a low, we should see a clear reversal candle.

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.