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TheTradersAvenue
Jan 8, 2023 11:57 AM

EURUSD > Detailed Analysis for A Buy and Sell 

EUR/USDOANDA

Description

Analysis of #EURUSD

Hi traders, today we will have a look at #EURUSD


looking at the chart you can see that last Friday the EURUSD broke to the outside with strong momentum after the NFP news, right now I still see the EURUSD continuing to the upside for that I still want to trade with the upside, and looking for buy opportunity.

I can look for trend continuation patterns like a flag, channels, or double bottoms at structure support as laid out on the chart.

I also can wait to see the market reaching out to the trend line resistance which is also at the structure resistance level and a key mart level of 1.07000, where I can look for a reversal pattern to sell near key market resistance 1.0700


I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one

Thanks for your continued support!
Comments
GrosserOnkel
Cheers mate! I'm long as well, as soon as the price makes an pullback to the 1.0589 to 1.0574!
DAY_PROFITS
Nice , thanks for sharing !
TheTradersAvenue
@DAY_PROFITS, thanks
ProjectSyndicate
solid chart and neat write-up
TheTradersAvenue
@ProjectSyndicate, thanks a lot
MaureenRovitaSwanston
Immense
InvestMate
Interesting view on the market
TheTradersAvenue
@InvestMate, glad you liked it
MonoCoinSignal
Detailed information
TheTradersAvenue
@MonoCoinSignal, thank you
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