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Lingrid
Mar 21, 2024 7:02 AM

Lingrid | EURUSD correction and new EXTENSION from the SUPPORTΒ Long

Euro Fx/U.S. DollarFXCM

Description

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The price perfectly fulfilled my previous idea. It hit the target level. FX:EURUSD rebounded from the support level, and it's heading towards the next resistance zone. It took out the previous week's lows and moved upside. The market, as you can see, moved into the range zone. The price usually moves sideways after the impulse moves. However, we have a big bullish daily candle that has absorbed the last three bearish daily candles. I expect a pullback towards the support level, where the price bounced off a couple of times, and then an upward move to the strong resistance level. My goal is the resistance at 1.10000



Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad πŸ‘©β€πŸ’»
Comments
Lingrid
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Hi tradersπŸ‘‹! Rate the EUR/USD idea, what do you think about it? πŸ€— Please share your opinion! 🀠
khmi72
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Thanks
Lingrid
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@khmi72, always welcome!
BrunoAmaro
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Wonderful insights into market trends!
albratoz6538
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Phenomenal insights into price action analysis!
atifdell
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wanna goin U what's up it's possible
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