EUR/USD Trading Idea Week 33 (12/08/2019) Many Rejections!
Updated
I am seeing multiple rejection since last week daily closes
Currently 1.1250 acting as resistant region
while 1.1180 act as support area
A solid daily close below 1.1180 area will open price to retest previous lows of 1.10xx area
A very good R:R SELL trade can be executed here with SL somewhere above the resistant zone with decent buffer
Traders/Investors are always advised to DYODD Do Your Own Due Diligence on our following analysis outlook.
These are NOT trade BUY/SELL/HODL call out, but outlook to align my view of the market to your own trade analysis.
These are merely based on our TA Technical Analysis , FA Fundamental Analysis and SA Strategy Analysis.
We want everyone here to have a higher chance of making profit and minimize losses.
Currently 1.1250 acting as resistant region
while 1.1180 act as support area
A solid daily close below 1.1180 area will open price to retest previous lows of 1.10xx area
A very good R:R SELL trade can be executed here with SL somewhere above the resistant zone with decent buffer
Traders/Investors are always advised to DYODD Do Your Own Due Diligence on our following analysis outlook.
These are NOT trade BUY/SELL/HODL call out, but outlook to align my view of the market to your own trade analysis.
These are merely based on our TA Technical Analysis , FA Fundamental Analysis and SA Strategy Analysis.
We want everyone here to have a higher chance of making profit and minimize losses.
Comment
Nicely melted since TuesdayBack to retest previous support 1.10 area
Comment
100pips+ gains on last week call out Now we watch 1.106x area then 1.102x area again on next week movement
Comment
150pip+
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