The EURUSD pair is about to form a Golden Cross on the 4H time-frame but ahead of Wednesday's Fed Rate Decision, there is plenty of room for a fear related pull-back to the 1.05765 Symmetrical Support (that has held 4 times already in one month).
With Lower Lows on a Triple Bottom Zone, we'd expect downside to be limited at that point so we will open a buy and target 1.08020 (near Resistance 2). The upside is also limited by a Higher Highs trend-line.
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With Lower Lows on a Triple Bottom Zone, we'd expect downside to be limited at that point so we will open a buy and target 1.08020 (near Resistance 2). The upside is also limited by a Higher Highs trend-line.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
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