Downloading...
Euro / U.S. Dollar
Long

#EURUSD - 05012024

100
Yesterday's levels worked great (tradingview.com/chart/EURUSD/kuNhZkmJ-EURUSD-04012024/) I gave a strong resistance level and it broke and got the up move as given, before a rejection down from the BZ back to the breakout level and got the bounce.

Price action turned slightly bullish but trend is still down. I would like to have a good dip to look for longs and 1.0930 would be a good level to do so. But in this case, given that price is in consolidation now, 1.0944 would be the level to watch. If price can just base here, look for a bullish candle to go long to target 1.0966, 1.0984 and 1.100.

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.