Lingrid | EURUSD Pullback and FALL from the SWING zone

The market bounced off the support level and made a pullback, as I mentioned in my last post. I expect EURUSD to grab liquidity above the previous Monday high and then move downwards because we don't see strong bullish moves. It looks like the bulls are out of breath. It took us 3 days to reach the 1.07800 level from 1.07300.  However, if the price remains near the resistance, it may form a range and break upside. I think if price reject the resistance (swing zone), the market might continue trending downward. My goal is the support level at 1.07530.


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Trade closed: target reached