Temporary consolidation
EURUSD is approaching strong Monthly Support zone (pink). Expect buyers on this level that bring price back up to Daily Resistance zone (blue).
Potential swing trading opportunity in buying to Daily Resistance zone with stop loss below Monthly Support zone (blue dashed).
Potential swing trading opportunity in buying to Daily Resistance zone with stop loss below Monthly Support zone (blue dashed).
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.