TradingView
ioannisfrantzeskakis
Oct 10, 2021 1:10 PM

Short or Long ? EURUSD 

Euro Fx/U.S. DollarFXCM

Description



SCENARIO 1
As EURUSD passed a major support level on the daily chart, we might see prices trading below 1.15000. There is currently no other major support level near that level, that means if we see the price falling below it, we'll have a good selling entry there as it will jump back up at around 1.116 which is the next major support level.


SCENARIO 2
Price finds support at 1.15000 and jumps back up, continuing rising. This week will be bullish.

More