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Skandhatrade

#EURUSD approaching Daily zone Area, the potential for a rise!

Long
Euro / U.S. Dollar (FX:EURUSD)  
Skandhatrade  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Beyond Technical Analysis Chart Patterns EURUSD Forex
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trendanalysis beyondta chartpattern eurusd forex
Description

EURUSD Price is trading the weekly and daily zone areas and it is also ready to break the 1HR trendline so it is possible to move upside the buying area is 1.17600 - 1.17760 and we will put the stop-loss at the below the zone level 1.17521.

Why we like it:
Trading in weekly and daily zone areas
Ready to break the 1HR trendline


1st Resistance:
1.17921 - 1.18156
Next Zone area & horizontal swing high resistance

2nd Resistance:
1.18400- 1.18500
Zone area & horizontal swing high resistance

3rd Resistance:
1.18684- 1.18745
Zone area & horizontal swing high resistance

Trading FX & CFDs carries high risk.
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