EURUSD đź’¶ EURO Rejection above 1.22?
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EUR/USD recently has failed to keep gains above 1.22.
CURRENT PRICE ACTION:
Bulls are rushing psychological hurdle of 1.22 for the third consecutive day.
If rejected above 1.22 is followed by a downside break of the trendline recent ascending trendline support is located at 1.2192.
TODAY RESISTANCE:
Very simple targets of previous highs.
Target 1 1.22147
Target 2 1.22535
LEVELS TO WATCH
Price consoliation or volatility above 1.22147 can trigger a bull trap.
CURRENT PRICE ACTION:
Bulls are rushing psychological hurdle of 1.22 for the third consecutive day.
If rejected above 1.22 is followed by a downside break of the trendline recent ascending trendline support is located at 1.2192.
TODAY RESISTANCE:
Very simple targets of previous highs.
Target 1 1.22147
Target 2 1.22535
LEVELS TO WATCH
Price consoliation or volatility above 1.22147 can trigger a bull trap.
Nota
DAILY ASCENDING TRENDLINENota
BREAK BELOW TRENDLINE INVALIDATES THE TRADENota
🤓 TRADE MANAGEMENTDAY TRADE:
🎯 TARGET 1 hit - position size halved
Stops moved to entry for no risk on the next leg.
TREND TRADE:
🚀 Daily Chart still holding the ascending trend line
Dagangan ditutup: sasaran tercapai
🎯 TARGET 2 HITAll Profits Taken
Penerbitan berkaitan
Penafian
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