EURUSD may go upside now.
The EUR/USD pair seems to be positioned at a support level, signaling a potential upside movement due to buyers exerting pressure on the market.
Key Levels:
Resistance Zone: 1.12036 - 1.11818
Support Zone: 1.09860 - 1.09463
The support level between 1.09860 and 1.09463 could serve as a foundation for buyers to push prices upward. Traders may view this as a good entry point for long positions, anticipating that the pair could rise to test the resistance levels mentioned. The resistance zone between 1.12036 and 1.11818 will likely be a crucial area where sellers may step in, and price action could struggle to break through.
ENTRY POINT :- 1.09847
TAKE PROFIT :- 1.10720
STOP LOSS :- 1.08974
Key Levels:
Resistance Zone: 1.12036 - 1.11818
Support Zone: 1.09860 - 1.09463
The support level between 1.09860 and 1.09463 could serve as a foundation for buyers to push prices upward. Traders may view this as a good entry point for long positions, anticipating that the pair could rise to test the resistance levels mentioned. The resistance zone between 1.12036 and 1.11818 will likely be a crucial area where sellers may step in, and price action could struggle to break through.
ENTRY POINT :- 1.09847
TAKE PROFIT :- 1.10720
STOP LOSS :- 1.08974
Trade active
Open the long position within the support area.Trade closed: stop reached
hits sl
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.
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.