EURUSD: Standing on strong structure level

FX:EURUSD   Euro / U.S. Dollar

hey traders,

this week is very very bullish for EURUSD .
If you analyze price action on a daily tf
you may notice than we haven't seen a pullback for quite a while.

Yesterdays, pair has reached key level of resistance 1.113 and, for now, buyers do not push the market higher.

I believe that there is a high chance to see a pullback from this level.
I will be looking for a confirmation on lower timeframes to short the pair.

Target levels will be: 1.108/1.105

Good luck!

✅My Twitter:
✅FREE Telegram
✅Your personal trading coach. Contact me for one-on-one online trading sessions.

❗️Trustful Broker ❗️
with highs like these from the news,i doubt the institutions will be able to resist selling lol
charliefornia charliefornia
@charliefornia, especially now that they announced brexit deal is delayed
19/10/2019 EurUsd Rate - Spot Price 1.1165 From my book and recommendation is that the Current High is capable of 1.1219 & 1.1224 before Consolidation Phase will take place within the Index and current rate. There is some consolidate after 1.1224 highs - With A Target Returning Low towards 1.1050 and tag just below this level.
Check out my analysis
It seem the bullish break 1.114 .. should we retest it on 1.116 or 1.118?
+1 Reply
I am looking for the same pullback and see if honors the bottom of the channel you have marked. If so, it is possible the uptrend will continue.
@DocWonmug, bullish pressure is very very strong
I am looking for a reversal confirmation the entire week but bulls still pushing through
Share your thoughts on EURUSD here
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out