Eurusd has hown signs of reversal from the long bearish trend.
There is high Possibility for price to buy after the break and retest of the close resistance or
buy a the restest of the already broken one.
Price structure has started forming uptrend. But there is the bearish trendline of daily TF which lies and is still in valid.
However, there is space for move up there.
By the end of the week,
CPI of US will be release and if the news are positive there will be a drop either from the level of resistance or from a higher similar area.
Goodluck!
There is high Possibility for price to buy after the break and retest of the close resistance or
buy a the restest of the already broken one.
Price structure has started forming uptrend. But there is the bearish trendline of daily TF which lies and is still in valid.
However, there is space for move up there.
By the end of the week,
CPI of US will be release and if the news are positive there will be a drop either from the level of resistance or from a higher similar area.
Goodluck!
Trade active:
+240 pips
Trade closed: target reached:
+400 pips