TradeWithTheTrend3344

EURUSD: Analyzing Support and Potential Long Position

Long
FX:EURUSD   Euro / U.S. Dollar
Hello Everyone,

EURUSD is presently resting at a robust daily support level around 1.087443. Observing how it sustains this level will be crucial. The price is currently positioned beneath the weekly, daily, and yearly pivot points, a prudent approach is warranted for contemplating a long position. Nevertheless, the overall indicators remain favorable for a long position, with developments underway.


TradeWithTheTrend3344

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.