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ForexTrendline
May 15, 2023 5:09 AM

We are watching for a reversal in EURUSD 

EURO / U.S. DOLLARICE

Description

On Friday, short-term selling to 1.0840 worked and EURUSD is holding above these levels for now.

It is recommended to move your stops and reduced the volume.

Watch for another decline and a possible reversal from the levels below 1.0840.

We need to see a pullback to enter, and a break of a previous high will confirm the move!
Comments
KlejdiCuni
It looks like a very good scenario. Thanks for sharing
LegionQ8
Do you use MACD in your trading?
FirstNameHelen
Nice summary, thanks dear friend
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