TaherJalili

Watching for Quick Pullback

Long
FX:EURUSD   Euro / U.S. Dollar
In yesterday's trading ideas we were looking to see if price would continue the march higher into the yearly highs.

Price is now breakout this resistance level.

This level looks crucial for where price goes next. The bulls are in control at the moment and any quick pullbacks lower could be a solid point to start looking for long trades.

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.