Hi everyone,
Hope everyone is well.
Please see my EURUSD 1D chart analysis.
As we can see price has pushed down to a key area which price rejected to the upside previously.
Price is currently forming a bullish engulfing on the daily candle which could give us confirmation price is going to reject the current level and push to the upside so keep an eye on this closing to look for entry points.
Price is setting lower lows causing a downwards trend line so if we get confirmation to enter we will be looking to take a buy position to price it up to the price target marked.
Add this to your watchlist.
DWFX
Hope everyone is well.
Please see my EURUSD 1D chart analysis.
As we can see price has pushed down to a key area which price rejected to the upside previously.
Price is currently forming a bullish engulfing on the daily candle which could give us confirmation price is going to reject the current level and push to the upside so keep an eye on this closing to look for entry points.
Price is setting lower lows causing a downwards trend line so if we get confirmation to enter we will be looking to take a buy position to price it up to the price target marked.
Add this to your watchlist.
DWFX