Hey traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.052 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
EURUSD is approaching our first resistance at 1.1932 (horizontal overlap resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension). A strong reaction might occur below this level, pushing price down to our major support at 1.1736 (horizontal swing low support). A breakout below our intermediate support at 1.1826 (horizontal swing low support) might...