EURUSD 4 Hour
Price has reached a key level zone looking left, along with making a 3rd rejetion to the lower boundry trendline. A doji candlestick previously formed as well, along with multiple rejection candlesticks to the key zone.
This is a key indication that sellers are losing momentum, & that buyers may be preparing to push price higher again above the key zone here.
Tomorrow is NFP, so this will be an interesting scenario to see play out!
This is a key indication that sellers are losing momentum, & that buyers may be preparing to push price higher again above the key zone here.
Tomorrow is NFP, so this will be an interesting scenario to see play out!
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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.