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Antonio_trader
Apr 15, 2021 2:49 PM

EURUSD opportunity 

Euro Fx/U.S. DollarFXCM

Description

The daily chart shows the EURUSD pair testing resistance zone with multiple confirmations. Now as the current daily candle is a doji at the time of writing, showing massive indecision and consolidation.
2 options for the next move:
Wait for a proper break of the resistance and add more longs to target higher levels.
Another is to see if we get a pullback and see the shoulder emerge of an inverse H/S patter. Divergence on RSI present.
Either way, the pair seems to be gearing up for a move higher eventually.

Good Luck!
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