EURUSD
started the year badly, with the price falling more than 300 pips and reaching the important 1.07 zone support.
Now the pair is in a normal rebound after touching this level, the overall structure is bearish though.
1.08 is resistance and, in my opinion, rallies in that zone should be sold.
a reversal from that zone followed by a break of support could lead to a drop to important 1.05.
I'm bearish as long as the price stays under 1.09
Now the pair is in a normal rebound after touching this level, the overall structure is bearish though.
1.08 is resistance and, in my opinion, rallies in that zone should be sold.
a reversal from that zone followed by a break of support could lead to a drop to important 1.05.
I'm bearish as long as the price stays under 1.09
🚀 Elevate your trades with a 20-year market veteran!
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai