For almost 2 months now, EURUSD has been moving without a clear H4 trend. We see tops and bottoms within a lateral movement of 300 pips.
The highest value was reached on September 1 - 1,2011, after which the price plummeted.
We saw another sharp repulsion yesterday and we expect it to continue.
The main support is currently 1.1710, followed by 1.1610 and 1.1533
The break of the previous bottoms, followed by the current correction are a good time to look for an opportunity to enter.
A critical moment for the analysis is the passing over the previous peak and levels 1.1880
Like and comment if you expect a drop in EURUSD!
The highest value was reached on September 1 - 1,2011, after which the price plummeted.
We saw another sharp repulsion yesterday and we expect it to continue.
The main support is currently 1.1710, followed by 1.1610 and 1.1533
The break of the previous bottoms, followed by the current correction are a good time to look for an opportunity to enter.
A critical moment for the analysis is the passing over the previous peak and levels 1.1880
Like and comment if you expect a drop in EURUSD!
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
