Arazmajeed

EURUSD 4H (Outlook)

Long
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD

OUTLOOK

The EURUSD trade at the narrow area which is between 1.0949 and 1.1041

Currently , consolidation above support zone 1.0910 - 1.0949 the chance of rise up increase but to confirm the bullish trend at first should stable above 1.1041 by 4H candle and then will help the price to build a positive momentum to reach 1.1114 , 1.1190

as for renewing the bearish attempts , this requires the price to stable under 1.0910 and then will try to reach 1.0838 , 1.0787

the expect range trade for today is between 1.0949 and 1.1041

support line : 1.0949 , 1.0910
resistance line : 1.1041 , 1.1114

Today news will affect the market

If this post was useful to you , don't forget to subscribe and like , Thanks ❤️

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.