I've been talking about the current wide range on EU between the 1.1990 - 1.1850 S&R zones. In today's trading session, I will remain neutral bias as I do not see any clear direction on EU. Two scenarios that I am looking at
1. If there's any upwards breakout above the 1.1990 minor resistance zone, that could send EU back towards the 1.2210 resistance area (Bullish) 2. If there's further selling pressure in the market, that could send EU back towards the 1.1850 minor support zone (Bearish)
The current market condition is slightly choppy, be flexible.
Trade safe.
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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.