Eurusdneutral
🙌EUR/USD NEUTRALEUR/USD has been very bearish for a long time.
Price tested a supporting trendline on the weekly for the third time.
I am now expecting deeper corrections but price broke out of the rising flag after third touches.
There is a strong possibility for both of these to play out but most likely price will go up in the near future as EUR inflation rises.
Interest rate hikes are expected so we could see the market go higher.
The best setup could be the double bottom if it presents itself.
OANDA:EURUSD
EURUSD-NEUTRAL downside biasI took back early for money management reasons, but still at a profit.
For now, I feel we may top around current levels 1.1050, and for those wanting to venture, a small sell may work.
I remain neutral right now, and will see developments. I prefer to buy on dips for now...
Strategy SELL 1.1050 and take profit around 1.0947 for now.
EURUSD NeutralTime Frame: 4H
Symbol: EURUSD
Bias: Neutral
We are neutral today for EURUSD. We believe that we have to wait a few days to get an edge in the market . We have considered dynamic levels of support and resistances and recent price patterns before our conclusion. Let's see how it appears in next few days.