Yesterday EURUSD rose almost to 1,0500, followed by over 150 pips drop. In this way a reversal candle is formed on a daily chart.
Therefore, today is important to see whether this drop will have the strength to continue or we will see a new peak.
We’re not looking for trades in EURUSD at this stage, again there are better opportunities in the crosses.
A breakout of the previous low will confirm sell opportunities.
Therefore, today is important to see whether this drop will have the strength to continue or we will see a new peak.
We’re not looking for trades in EURUSD at this stage, again there are better opportunities in the crosses.
A breakout of the previous low will confirm sell opportunities.
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✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Related publications
Disclaimer
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.