eurozone

Following positive news on consumer and industrial confidence , service sentiment and business climate gives us positive outlook on eurozone. Technical analysis confirmations 1-Daily and 1H MA match 2-Price rejecting Daily MA21 3-RSI 6 divergence 4-Price formed strong pin bar at significant previous low on 4H chart. 5-Good risk-reward 2:1

Eurusud - Daily time frame - Longs in play. Price bounced of a H4 demand zone I am targeting fib extensions for profit levels. great risk to reward.

Indecision around support on both weekly and daily, showing bears have potentially run out of steam Break above yesterdays candle will trigger a long Target will be previous support