Gold is not giving any proper merk, waiting for clear move on it. I am focused on for that dollar is not showing any action. Key level to bye 1642, 1636 with 20pips SL only on confirmaton on small timeframe. TP is 1656-64.
This analysis is on EURUSD, yesterday's decision made euro come down, and it is still in strong downtrend, but I want one confirmation for...
EURUSD actually breakout at trendline and also at strong support level .
Its very well tried to completely break trendline and support level but suddenly it comes and respected trendline and support level.
So we can say it will continue to rise.
It will little bit come down to retest support/trendline level and after that it will must have go to HIT our TP.
So...
The 4 hour right side is down with a bearish sequence against the 1.1497 high from 3/09/2020. The 1 hour is turning up against 1.1183. While above there expect the pair higher toward 1.1497 before a larger turn lower again.
BUY EURUSD
@1.1290-70
Target- 1.1350
Sl: 1.1250
Good luck !
