EURUSD: HELLO!
Hi traders!
EURUSD is kind of stuck. Other pairs have moved nicely vs the USD but EUR is doing its thing right now. It wicked both ways and it is still hanging in that order block I drew from the last analysis. I see a lot of upside since EUR since to be the last one left.
Here's what I'm thinking:
EURUSD LONG:
ENTRY : 1.1841
SL : 1.17670
TP : 1.20939
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
EURUSD is kind of stuck. Other pairs have moved nicely vs the USD but EUR is doing its thing right now. It wicked both ways and it is still hanging in that order block I drew from the last analysis. I see a lot of upside since EUR since to be the last one left.
- DXY topped
- MACD crossing on the daily timeframe
- RSI positive still
- Bounced off 0.5 FIB extension, which is normal market behavior
Here's what I'm thinking:
EURUSD LONG:
ENTRY : 1.1841
SL : 1.17670
TP : 1.20939
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
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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.
Related publications
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.