eurusd has broken its resistance last week which was respecting for the last 6 months now we are expecting a little pullback then move up here horizontal support will play a important role so we have to focus how this support will be valid
The Reason posting this we have clean SMT Between EURUSD and DXY.
EURUSD did MSB in LTF and hit 1h Demand, possible ready to pump during London Open or NYO
About DXY price could drop below original consolidation.
More update you can find later
Time Frame: 4H
Symbol: EURUSD
Entry: 0.99866
TP: 0.98053
SL: 1.00969
Bias: Short
For this instrument our bias is short and we are planning to run for a selling position according to our price projection.
Time Frame: 4H
Symbol: EURUSD
Entry: 0.99103
TP: 0.97608
SL: 1.00208
Bias: Short
We are planning a short trade for this instrument. Considering the current price structure our bias is bearish.
Time Frame: 4H
Symbol: EURUSD
Entry: 1.00312
TP: 0.99206
SL: 1.01238
Bias: Short
We are searching after a short opportunity from the current price pattern and dynamic support and resistance.
Price reacted to a Weekly Demand and is heading towards The Monthly Supply;
We have a Buying confirmation in Daily and a Trade formed as per Weekly Demand with 1:2 Risk : reward Ratio
