Possible LONG trade if break of support/trend line.

12 Mar 2020

EUR/USD has used 1.11322 as support and resistance on MULTIPLE time frames, the Fib Retracement tool lines up perfectly with this level. We also have a long wick candle rejecting this level of support/Fib. It also rejects the 50 EMA on the day and weeley chart so we will wait for a break of the trend line for a long trade. Looking for a entry on hour chart