OctaFX_Official

EURUSD lower before higher

FX:EURUSD   Euro / U.S. Dollar
The euro is trading around the 1.1130 level against the US dollar , after a fairly solid former weekly price close back above the 1.1100 support level . Traders may need more technical confirmation that a meaningful bottom is in place before turning fully short-term bullish on the EURUSD . Overall, EURUSD traders should be on guard for a bullish double-bottom pattern forming this week.

The EURUSD pair is only bearish while trading below the 1.1100 level, key support is found at the 1.1040 and 1.1020 levels.
If the EURUSD pair trades above the 1.1100 level, bulls may test towards the 1.1140 and 1.1185 levels.
What are those yellow dots ?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out