*Monthly Chart**
EURUSD *long-term directional bias* has been bearish since 2008 and we still keep it mind. The pair bounced higher from Sept 2022 at around 0.9500 level and then remained in a range from Jan 2023 till date between 1.05000 and 1.27000.
**Weekly Chart**
Last week candle closed slightly higher. Indicating the price direction will continue higher. So this week we can expect a buying opportunities near buy zones (or demand zones) however we are really close to weekly resistence so trade with properly risk management.
**Daily Chart**
There were plenty of buying opportunities every week on the daily chart from the beginning of November 2023. I will be focusing on buying at pullbacks with clear demand zones in shorter time frames.
**1 hour Chart**
We are trading in a bullish channel unless it is disrupted, we are still looking for buying opportunities.
EURUSD *long-term directional bias* has been bearish since 2008 and we still keep it mind. The pair bounced higher from Sept 2022 at around 0.9500 level and then remained in a range from Jan 2023 till date between 1.05000 and 1.27000.
**Weekly Chart**
Last week candle closed slightly higher. Indicating the price direction will continue higher. So this week we can expect a buying opportunities near buy zones (or demand zones) however we are really close to weekly resistence so trade with properly risk management.
**Daily Chart**
There were plenty of buying opportunities every week on the daily chart from the beginning of November 2023. I will be focusing on buying at pullbacks with clear demand zones in shorter time frames.
**1 hour Chart**
We are trading in a bullish channel unless it is disrupted, we are still looking for buying opportunities.
Comment:
Trim some profits and move to B/E. Risk free trade.
Comment:
Trade closed manually