Good day to you traders!!
The EURUSD is still bullish and price has managed to fall to the lower boundary of the bullish cbannel
making it an attractive trade in a 4 hour timeframe
considering that price fell due to loss of buyers momentum at monthly resistance however buyers are expectef to enter the market
as price touches important support area and since price is lower boundary use the 200 EMA as a risk tool
place stop loss just a slight below 200 EMA and rewards close to upper boundary
be alert as well that EURUSD is correlated to GBPUSD ,NZDUSD ,XAUUSD and negatively correlated to USDCAD
Trade safely ,more success
The EURUSD is still bullish and price has managed to fall to the lower boundary of the bullish cbannel
making it an attractive trade in a 4 hour timeframe
considering that price fell due to loss of buyers momentum at monthly resistance however buyers are expectef to enter the market
as price touches important support area and since price is lower boundary use the 200 EMA as a risk tool
place stop loss just a slight below 200 EMA and rewards close to upper boundary
be alert as well that EURUSD is correlated to GBPUSD ,NZDUSD ,XAUUSD and negatively correlated to USDCAD
Trade safely ,more success