EURUSD Neutral/Short Trade
Today, the price met a multi-month resistance level at 1.2000 and finished the day rejecting the highs.
EURUSD Trading Setup
The daily candle that printed on the chart is a pin bar. There was a strong bearish reversal during the US session.
The intraday chart is also showing some signs of weakness. The 4H chart topped the day with an inside bar.
I am expecting to see a retracement to at least 1.1850. Price might find some strong support there. It really depends on how it will react to this level.
For now, I am neutral EURUSD. The uptrend is still bullish, so this might be a temporary break. I am also curious to see what the weekly candle will show us on Friday close.
For the time being, I will stay on the sidelines.
EURUSD Trading Setup
The daily candle that printed on the chart is a pin bar. There was a strong bearish reversal during the US session.
The intraday chart is also showing some signs of weakness. The 4H chart topped the day with an inside bar.
I am expecting to see a retracement to at least 1.1850. Price might find some strong support there. It really depends on how it will react to this level.
For now, I am neutral EURUSD. The uptrend is still bullish, so this might be a temporary break. I am also curious to see what the weekly candle will show us on Friday close.
For the time being, I will stay on the sidelines.
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.
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.