Yesterday I was bullish for a move higher. EURUSD did move up (without much dip), hit the resistance above and came down to close red. Bearish?
Price action does point to a potential reversal for today. But I will "save" myself by providing a scenario in both directions.
1.0848 is a strong level. As long as 1.0848 holds, IMO, EURUSD can just go up from here. Thus IMO, be bearish only if EURUSD trades below 1.0848 for a move lower.
And well, I have an inclination for the move higher IMO.
Price action does point to a potential reversal for today. But I will "save" myself by providing a scenario in both directions.
1.0848 is a strong level. As long as 1.0848 holds, IMO, EURUSD can just go up from here. Thus IMO, be bearish only if EURUSD trades below 1.0848 for a move lower.
And well, I have an inclination for the move higher IMO.
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