EUR/USD May Rebound Up
#trading_idea #EURUSD 💡
💸Pay Attention to Euro
On the 1-hour chart, the pair testing the support level 1.1055 the lower line Bollinger Band. The Bulls&Bears and MACD indicators suggest a potential downward movement. MA(100) is far above the price indicating the pressure on the pair.
🔼If the price rebounds from the support 1.1055, a rise towards resistance 1.1087 and further is possible.
🔽Alternatively, the break down the support 1.1055 and slide to 1.1030 is likely.
🔷 😎 Choose "👍" if you expect a price rebouns and "👎" if you expect a decline.
➡️GET $20,000 JUST FOR $99
💸Pay Attention to Euro
On the 1-hour chart, the pair testing the support level 1.1055 the lower line Bollinger Band. The Bulls&Bears and MACD indicators suggest a potential downward movement. MA(100) is far above the price indicating the pressure on the pair.
🔼If the price rebounds from the support 1.1055, a rise towards resistance 1.1087 and further is possible.
🔽Alternatively, the break down the support 1.1055 and slide to 1.1030 is likely.
🔷 😎 Choose "👍" if you expect a price rebouns and "👎" if you expect a decline.
➡️GET $20,000 JUST FOR $99
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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.
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.