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Alpha_MXK
Oct 23, 2018 10:40 AM

H1 - EURUSD Bullish to test two zones  Long

Euro Fx/U.S. DollarFXCM

Description

Technically, EURUSD is in a position to make a pivot to towards the monthly Volume weighted price (VWAP)

Price is currently 2 standard deviations away from MOnthly VWAP

weekly VWAP acting as resistance

RSI over 50 trending up

Comment

So it is bouncing around the support zone and Weekly VWAP zone

Just gotta be patient.

Look for rentry at 1.14458 Support zone
or look for break above 1.4808 - Weekly VWAP

Comment

Comment

Was wrong here guys
The daily Timeframe was dictating to the down side.
If you were quick on 15min -1hr TF you may have snuck in 1 trade there.
Now we wait till the major zone is tested.

Comment

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