walker.england
Long

EURUSD Bullish on News

FX:EURUSD   Euro Fx/U.S. Dollar
152 0 3
The EURUSD             has rallied this morning on a better than expected ZEW survey. Prices were initially depressed, dropping as low as 1.0960, but the pair immediately rebounded back on the better than expected news. Ultimately prices have rallied through the entirety of today’s 64 pip trading range, with prices now trading above the R3 Camarilla pivot point at 1.1050. If bullish momentum continues, traders will begin looking for a breakout above the R4 pivot point at 1.1082.

While the EURUSD             is initially bullish in early trading, a move back inside of today’s trading range would signal an end to current trading conditions. As mentioned above, range resistance is found at the R3 pivot . In the event prices drop below this value, traders will begin looking for prices to test values of support including the S3 pivot found at 1.0986.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out