EURUSD Buy a break setup.
Updated
EURUSD - Intraday - We look to Buy a break of 1.2091 (stop at 1.2071)
Price action looks to be forming a bottom.
50 4hour EMA is at 1.2055.
A break of 1.2060 is needed to confirm follow through bullish momentum.
We look for gains to be extended today.
Our profit targets will be 1.2149 and 1.2187
Resistance: 1.2090 / 1.2100 / 1.2140
Support: 1.2060 / 1.2030 / 1.2000
Price action looks to be forming a bottom.
50 4hour EMA is at 1.2055.
A break of 1.2060 is needed to confirm follow through bullish momentum.
We look for gains to be extended today.
Our profit targets will be 1.2149 and 1.2187
Resistance: 1.2090 / 1.2100 / 1.2140
Support: 1.2060 / 1.2030 / 1.2000
Trade closed: target reached
Closed at expiry.
Related publications
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.