Lingrid

Lingrid | EURUSD at PSYCHOLOGICAL resistance zone

Short
FX:EURUSD   Euro / U.S. Dollar
The price perfectly fulfills my last idea. It hit the targeted level. The price reached a strong resistance zone on the daily timeframe. The market is overbought, and it fell below the psychological resistance at 1.1000; therefore, the price may drop from it because the market bounced off from the resistance area before by making an impulse leg down. I expect the price to retest the support level or an accumulation, which is a range zone. My target area is support around at 1.09240


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