Hi traders the EuroUsd on Friday closed on the 1.06940 After the impact news released by USA on Friday the market has broken the trendline and was pushed down.
My idea for the next week is the market might Respect the high support now at level 1.06940 and start moving above to the the next resistance of 1.07245 and might break and retest the line and climb higher for a sell liquidity sweep present between the range of 1.084-1.075 ….
Incase in the Monday morning if the market breaks the 1.06940 support and trends to the 1.06744 support and retest we can expect a Huge selling pressure …
Traders all these are just assumptions and prediction of the market according to me i expect the market to be bullish because of the high impact news release on Monday and Tuesday the market might be pushing for the liquidity sweep
EURUSD
My idea for the next week is the market might Respect the high support now at level 1.06940 and start moving above to the the next resistance of 1.07245 and might break and retest the line and climb higher for a sell liquidity sweep present between the range of 1.084-1.075 ….
Incase in the Monday morning if the market breaks the 1.06940 support and trends to the 1.06744 support and retest we can expect a Huge selling pressure …
Traders all these are just assumptions and prediction of the market according to me i expect the market to be bullish because of the high impact news release on Monday and Tuesday the market might be pushing for the liquidity sweep
EURUSD
Trade closed: target reached:
Hello traders as per my prediction the market respected the support and is also respecting the trend line in the morning i gave a 300 pip order idea i hope you did and profited . thankyou