Hi all! At Friday's close the price failed to pass above the zone 1.1978 - 1.1994, which probably confirmed the strength of that zone. On Monday the price opened with GEP down, which gives me an assumption of more likely sales, rather than continuation of purchases. The probable movements of the price are presented in the chart. In this regard, I consider as the...
EUR/USD approached resistance at 1.19795 - 1.19950, forming an "inside bar" pattern on Thursday 15.04.2021. I consider three variants of developments: The main option: you can sell from the current price with targets: TP-1 - 1.1850; TP-2 - 1.1720; TP-3 - 1.1640. SL short, to place it behind the level near 1.2000. Alternative 1: buy limit 1.18355 - 1.18466 TP-1 -...