EURUSD to continue until 1.1950?
A possible short trade on the 1H timeframe :
- EURUSD was pulling back to the 38% Fibonacci level
- There is a major resistance at 1,1950
- If the price breaks above the 1,1900 levels we could expect a 50 pip move to 19,50 from where it could bounce back
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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.