forexpro711

Edge of the bearish market

Long
OANDA:EURUSD   Euro / U.S. Dollar
*~MONDAY JANUARY 15th 2024~*

The EUR/USD is reaching the edge of the bearish decent into the predicted level 1.09030 it is at this level that you should be looking to get into the market for a BUY as the market finds its point of bullish reversal to inevitability find a take profit of 1.10837 some breakout traders might wait for price action to create the first breakout and impulse pullback before entering to the up side this trade will be considered a weekly swing as it might take a full week for price to reach the before mentioned take profit
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