EURUSD finally drops to the first Support 1.0770, more weakness?

24 Nis 2020

Hello friends, if you have been following my ideas on EURUSD, you will already recognize this chart. Well, as I was expecting, EURUSD finally dropped to the Support Level around 1.0770 and also managed to bounce up from the support level jumping more than 80 pips.

However, it was a short-lived bounce, and price is now back to the support Area.

At this point, I advise traders not to jump into Buy trades because there's a very good chance that EURUSD can drop to 1.0640 next week.

24 Nis 2020

Not

And there goes the weak support as expected

24 Nis 2020

İşlem aktif

Anticipating this move
Sell active at 1.0797

24 Nis 2020

Not

Another sell limited @1.0815 also triggered as my followers here many already know