Bulls had their turn in the market coming off weekly support at 1.09359.
The market is now coming up to Hourly resistance at 1.10382 the market could reject this price however for a better risk to reward I will be waiting to see if we get rejection off the Daily resistance zone 1.10518 - 1.10657. If price does respect this level we could see a massive sell off for EURUSD back down to 1.09359 possibly even seeing sellers break this level, lets see how price action plays out.
The market is now coming up to Hourly resistance at 1.10382 the market could reject this price however for a better risk to reward I will be waiting to see if we get rejection off the Daily resistance zone 1.10518 - 1.10657. If price does respect this level we could see a massive sell off for EURUSD back down to 1.09359 possibly even seeing sellers break this level, lets see how price action plays out.
Trade geschlossen: Ziel wurde erreicht