VasilyTrader

EURUSD: Important Decision Ahead! Watch Carefully ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡บ๐Ÿ‡ธ

Short
OANDA:EURUSD   Euro / U.S. Dollar

Hey traders,

EURUSD dropped nicely on Friday with NPF data.
The price is now testing a summer's low.

Taking into consideration that the market tends to set lower lows on a daily after the retracement
from previous ones, I believe chances are high to see a structure breakout again.

Next week wait for a daily breakout (daily candle close below) of the underlined yellow structure support .
It will be a trigger for a further decline.

Next support will be 1.171

Alternatively, you can also look for a pullback from a current low.
You will need an intraday confirmation to buy wisely.

Good luck!

โค๏ธPlease, support this idea with a like and comment!โค๏ธ
Telegram: https://t.me/VasilyTrading

๐Ÿ’ฐInstagram: https://www.instagram.com/VasilyTrader/ ๐Ÿ’ฐ

โœ…Facebook: https://www.facebook.com/VasilyTrading/ โœ…

โ—๏ธYouTube Channel https://www.youtube.com/c/VasilyTrader

Comments

Do you agree with my analysis?
Reply