EURUSD 30min Analysis April 8th, 2021
Trade Scenario 1: Bullish - For us to go long we need to see price break above 1.1875. We will then wait for a retrace and for 1.1875 to flip as support. Enter on strong bullish setups, first targeting our edge of value and previous highs around 1.1910
Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.1860. We will then wait for a retrace and for 1.1860 to act as resistance. Enter on strong bearish setups, first targeting our point of control at 1.1825
Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.1860. We will then wait for a retrace and for 1.1860 to act as resistance. Enter on strong bearish setups, first targeting our point of control at 1.1825
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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.