The market bounced off main support level at 1.1000. It did not have enough strength to make a new swing high. In my opinion, the market might form accumilation phase or make deeper pullback. I anticipate retest of the of the support followed by expansion toward the primary resistance zone if the support level holds the price. My target is around the next resistance at 1.10800
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
I really liked this post. I hope your analysis is correct.👏
Lingrid
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Hi traders👋, rate the EURUSD idea, what do you think about it? 🤠
coindeabak
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@Lingrid I'm in this person's paid room. I was kicked out right away when I talked about the profit and loss ratio because of continuous large losses. He has no skills, and is disappointed to see him run away at the Conflict. Don't get hurt either. This woman is terrible at her skills.
lmorgan6
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Agreed looking to sell in the near term to 1.0967 area then buy. Thanks as always.