EURUSD Reversal Awaiting First Higher Low
EURUSD has hit the major support zone I outlined in my EURUSD short call a few weeks back.
After a well defined downtrend with multiple lower high swings, price began to exhaust showing a possible reversal of this trend, strengthened by the fact this was happening at a major support zone.
We had a very strong green candle break here. However, I am still awaiting our FIRST higher low here. This will be confirmed with higher highs, or a break above these highs here at 1.0863. Ideally, I would like to see a pullback on the opening before this happens.
The DXY may also be showing signs of a pullback on the Daily:
After a well defined downtrend with multiple lower high swings, price began to exhaust showing a possible reversal of this trend, strengthened by the fact this was happening at a major support zone.
We had a very strong green candle break here. However, I am still awaiting our FIRST higher low here. This will be confirmed with higher highs, or a break above these highs here at 1.0863. Ideally, I would like to see a pullback on the opening before this happens.
The DXY may also be showing signs of a pullback on the Daily:
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.