EURUSD - Drop to 1.10000
Posted this late - was meant to publish last night before the move began.
EURUSD still downtrending on higher timeframes. By condensing to 4hr we see a clear rejection of the 1.11000 psychological level in line with our trendline and resistance-turned-support zone.
Next area of support is the 1.10000 psych level, I'll be monitoring this area for profit taking.
EURUSD still downtrending on higher timeframes. By condensing to 4hr we see a clear rejection of the 1.11000 psychological level in line with our trendline and resistance-turned-support zone.
Next area of support is the 1.10000 psych level, I'll be monitoring this area for profit taking.
Trade closed manually
Closed trade at .500 - price action choppy around the mid-psych level.Note
Target reached! Shame I closed this trade early.
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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.