currencynerd

what is next for 2 of the world's most traded currencies?

Long
FX:EURUSD   Euro / U.S. Dollar
with price trading above bearish trendline , it indicates that bullish traders are still active in then market as now price is reacting to a daily demand zone which caused the initial breakout of the trendline , the zone may not be original and fresh but it is still a crucial zone as we also have a nested 4hr order block in the zone which gave me confirmation that price can still push furthermore to the upside.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.