TheBankTrader

EURUSD- One Hour Trade Setups

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
1 hourly and 4 hourly are heading toward a strong daily resistance area coupled with a supply area. Although we see the supply area tested many times, it is holding. Overall bearish daily outlook . The 1Hr has broken its steep uptrend, now we just wait for 4Hr trend line break . Once this is confirmed, we will look for the ideal 1hr retracement or breakout trade to the south.

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