FxShzd

EURUSD LONG

Long
FxShzd Updated   
FX:EURUSD   Euro / U.S. Dollar
After analyzing the EUR/USD chart, it is evident that the currency pair is currently in a bullish move, as it broke the previous high and forming new higher highs. However, we anticipate a minor correction before the pair continues its upward momentum.

We have identified a key level of supply and demands which detemined supply is for 4H. these areas are crucial to monitor for potential trading opportunities, especially for those looking to long the pair.

If you have any questions or comments regarding this analysis, please feel free to share them with us. We always welcome feedback and additional insights from our readers.

Overall, we remain optimistic about the outlook for the EUR/USD in the near term, but as always, we advise traders to exercise caution and ensure they have a solid trading plan in place before entering any positions.
Comment:

As you see the price had an excellent reaction to H4 Supply,

Let's see if our demand can be hold.
Comment:

The first demand is broken, we can have a small correction just as a reaction to 2nd and 3rd demand!!!
Comment:

Just to update in a lower timeframe!
Comment:

We are between Support and Resistance, to continue upward we wait for break in HT, but to continue trend we can have position as pro trend in LT as soon as we have BMS.

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