EUR USD bears get the bulls horns
Previously I gave out a EUR USD short signal, now this could still be valid and may still hit TP... but I can see a really strong reason as to why I think bulls will now take over and push price higher, if you are in my original sell position you will be deep into profit anyway so move SL into profit to lock in that money.
From this chart we can see that the previous candle touched support at 1.13453 and bounced and the current candle formed is bullish, this tells us there will be further upside movement with possible resistance at 1.14142, We will be watching price carefully around this level to see if price can break this level, If price breaks and closes above 1.14142 resistance then we could see price potentially moving up to 1.14843 which is the next strong resistance level.
From this chart we can see that the previous candle touched support at 1.13453 and bounced and the current candle formed is bullish, this tells us there will be further upside movement with possible resistance at 1.14142, We will be watching price carefully around this level to see if price can break this level, If price breaks and closes above 1.14142 resistance then we could see price potentially moving up to 1.14843 which is the next strong resistance level.
Penafian
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