EURUSD | Setup Analysis | Swing Perspective | to SHORT or LONG ?
EURUSD
Full analysis description: Having a bullish momentum, we’ve reached a high point which is the previous resistance, now we can pull back down to previous support line, or even more to downside target to create a Higher low before continuing higher. Otherwise, if enough bulls hold support and dominate price, we could see EURUSD push more to the upside to the next S&D area above.
At the moment, looking for short if we manage to hold a Lower High price action at previous support & resistance area above also confluence with Fibonacci level and institutional level of interest.
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Full analysis description: Having a bullish momentum, we’ve reached a high point which is the previous resistance, now we can pull back down to previous support line, or even more to downside target to create a Higher low before continuing higher. Otherwise, if enough bulls hold support and dominate price, we could see EURUSD push more to the upside to the next S&D area above.
At the moment, looking for short if we manage to hold a Lower High price action at previous support & resistance area above also confluence with Fibonacci level and institutional level of interest.
------------
If you are following this pair, please comment below.
Also, if you have any question related to this idea feel free to ask in the comment section.
Follow for more free ideas like this, if you want me to analysis any FX pair, Gold, Oil, US30 let me know.
Best Regards.