Marenno

$EURUSD Minor resistance area

FX:EURUSD   Euro Fx/U.S. Dollar
a year ago
The price is currently at the minor resistance zone,in case of a breakout on a European session opening, the return to the broken support at 1.13 area is less likely, and continuation will take a place towards a major resistance at 1.165 area.

So for now the mood is a bit more long then a short, but confirmation is needed.
a year ago
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trader515
a year ago
how do you know that price is at the minor resistance area an not major?
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Marenno PRO trader515
a year ago
Hi there, Due to a use of different time frames. But You're right, we can only assume. But if you want to be a trader - not a someone who know something for sure, then you have to trade a system ao an approach, My approach told me that I't a minor level, and I'm not going to trade it.
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