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mikoaodu
Dec 7, 2020 7:13 PM

EURUSD SHORT - PRICE IS NOW EXTENDED ON THE DAILY TIMEFRAME! Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD has recently seen a strong break on the daily timeframe of the highs previously made during late august and now with the creation of recent wicks, it looks like we have found some resistance and we could see the market pullback to test the former daily resistance now as support at around 1.2000. If we get a daily close above the wicks we have recently made we could easily see the market continue to the upside as the market is still bullish on the daily, weekly and monthly timeframes so we need to be patient and wait for conformations.
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