The EURUSD is about to hit a very strong support level on the 1h chart with numerous bottom tests.
Chances are higher that it will not break, but.. Hey its the EURUSD, anything is possible! If structure prevails we should see an steady rise and hopefully some decent sized profits
Suggested enter: 1.08000
Suggested TP1: 1.10635
Take care of the TP1 level if you want to try your luck and go long for longer as it is very close to the 0.5 fib level and might be a strong resistance!
Safe and successful trading!
Chances are higher that it will not break, but.. Hey its the EURUSD, anything is possible! If structure prevails we should see an steady rise and hopefully some decent sized profits
Suggested enter: 1.08000
Suggested TP1: 1.10635
Take care of the TP1 level if you want to try your luck and go long for longer as it is very close to the 0.5 fib level and might be a strong resistance!
Safe and successful trading!