So coming back after a long break from trading. Today i'm interested in longs on euro so far. I'm staying bullish as long as euro stays above 1.06634. However, I'm looking at two levels to go long on euro. it's either below the 1st intraday low at 1.06951 or below 1.06609. I prefer the 2nd low to be taken out before going long as it would have a greater...
Since the big rejection last Thursday, this meant that euro is looking for a bigger retracement before breaking the big daily range that has been in place since December 2021. For now, we are looking for a small short term sell opportunity towards until it runs the liquidity area at the equal lows (red line). Then from there I will be looking for potential buy opportunity.
FX:EURUSD has reversed and is now in a Bullish Strong Uptrend. We are looking for longs anywhere above 1.1365 and targeting the equal highs at 1.1480's.
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