GenGe

EURUSD TRADE ANALYSIS - 2017-08-21

FX:EURUSD   Euro / U.S. Dollar
9:30 am EST

Price is hitting supply zone at 1.1785 area

There are 2 scenarios:

1. price breaks the current supply zone and continue up to the next supply zone at 1.1835-1.1850 area.
2. Price hit the current supply zone and reverse and then go the next demand zone at 1.1620 area.

Trade opportunities

1. trade break out to the upside
2. trade reverse to the downside.

Watch for price pattern to show up on the M15, and H1 and then take action.


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