MarcellusLUX

EUR/USD back to 4H resistance, can the bulls break it?

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FX:EURUSD   Euro / Dolar A.S.
Hello traders, EUR/USD is knocking at the dynamic resistance on
the 4Hour chart once again. Now, this area is critical as it determines
what the next direction for EUR/USD will be.

As per my analysis, EUR/USD will go bullish in the next few weeks.
So, if the 1.0580-1.06 zone is broken with a strong bullish candle,
we can expect 1.0750 and even 1.09 in the next 3-4 weeks.


I will continue to buy the dips in EUR/USD if price reaches 1.05 level again.

Komen:
chop chop, no meaningful moves yet
Komen:
Choppy market now after Powell's statement. Waiting for a clear picture. Price above 1.06 would be positive for the bulls
Komen:
Slightly bullish bias now, plan is to buy the dips
Komen:

4h candle has closed above the mav, let's see if we can get some follow through
Penafian

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