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Austinet24
Feb 26, 2020 12:07 PM

EURUSD Hitting a Resistance Level 

Euro Fx/U.S. DollarFXCM

Description

From Daily time frame EURUSD has been bullish after the huge sell from previous week, this seems to be a retracement which now hit a Resistance at 1.08945 price level this level is trying to hold, a candlestick reversal signal such has pin par or doji at current level will signal a bearish continuation or break of the level above will give more strength to the bullish move.
SELL BELOW 1.08636 TP 1.08040 SL 1.09008

BUY Bias : BUY @ 1.09005 TP 1.09880 SL 1.08635
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