Price has reached a level of resistance.
I believe if we see rejection at this level, the price could turn bearish and reach support at 1.7569.
Before taking this short I will look for clear rejection at the resistance level.
There is some EURO news being released tomorrow at 10:00 am GMT and US news at 13:00pm GMT so this trade, if taken, will be managed accordingly to the released news.
I believe if we see rejection at this level, the price could turn bearish and reach support at 1.7569.
Before taking this short I will look for clear rejection at the resistance level.
There is some EURO news being released tomorrow at 10:00 am GMT and US news at 13:00pm GMT so this trade, if taken, will be managed accordingly to the released news.
Comment:
Please excuse the type, this is supposed to be EUR*/USD.