EURUSD
stabilizing above 1.0838 will support rising to touch 1.0879 then 1.0919 then 1.0955
stabilizing under 1.0838 will support falling to touch 1.0810 the 1.0783
Pivot Price: 1.0838
Resistance prices: 1.0879 & 1.0919 & 1.0955
Support prices: 1.0810 & 1.0783 & 1.0784
timeframe: 4H
I anticipate EU Being Bullish, As We respected the Weekly WIck. C.E., And there's an SMT with DXY, And also respected the H1 OB.
So,
Seems Bullish To me,
( Not Financial Advice )
In the previous week the pair formed a double bottom pattern and bounced bullishly off the support.
The double bottom coupled with bullish divergence on technical indicators suggests an uptrend in the coming weeks.
Expect a pullback towards weekly support on market opening ,from where we can open buy orders.
The euro dollar continues in its wave 4 correction and should continue to do so for the coming weeks. We expect to see price retest 1.15 before any strong signs of selling again. Once the selling starts, 1.10 is where will be placing our take profits.
Right here is the reverse head and shoulder pattern with a breakout and pull back confirming the buy order.
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Trading...
EUR/USD is following the support-and-resistance level. Now, it is time to open a long position if it confirms the candle pattern. I'll keep you informed.
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BUY & SELL Above Given Chart or
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Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
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