tupaitrader

EURUSD in sideway

Long
FX:EURUSD   Euro / U.S. Dollar
looking at this chart.i think the price want to go upward.this due to the trend continuation showed by daily and 240 candlestick.

the price are now in sideway movement.the lower zone is the strong support area which is resistance become support in daily chart.

the upper resistance area is shows that the price are rejecting the zone.price are moving sideways.

the position can be put when the price break either one of the support and resistance zone.

for this trade.i would like to go long.due to trend continuation on the daily and 240 candlestick.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.