Hi traders:
Here on EURUSD, we are seeing a potential sell setup developing on the 4 hr chart. 1.19000 have been a historical support and resistance zone, and we are seeing the price action stalling around this level. A bearish flag breakout can confirm the daily pullback to 38.20% level, roughly 1.1500.
Thank you for your support and feedback.
Here on EURUSD, we are seeing a potential sell setup developing on the 4 hr chart. 1.19000 have been a historical support and resistance zone, and we are seeing the price action stalling around this level. A bearish flag breakout can confirm the daily pullback to 38.20% level, roughly 1.1500.
Thank you for your support and feedback.
Comment:
Daily chart:
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