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Lingrid
Mar 29, 2024 6:56 AM

Lingrid | EURUSD potential ranging MARKETΒ Short

Euro Fx/U.S. DollarFXCM

Description

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The price perfectly fulfilled my last idea. FX:EURUSD played out nicely; it fell from resistance and hit the targeted level. The price bounced off the resistance by forming an impulse movement. I think it might keep moving sideways because after trending usually comes a ranging day, and today is Friday, which can potentially impact the market. However, we have news that might move the market up or down. If the price makes a pullback against the bearish trend, there's a chance that the market will respond by rejecting resistance and continuing to move downward. My goal is the support level 1.07550



Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad πŸ‘©β€πŸ’»
Comments
Lingrid
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Hi tradersπŸ‘‹! Rate the EUR/USD idea, what do you think about it? πŸ€— Please share your opinion! 🀠
Kingsley_fx001
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it well push upπŸ“ˆ
lonelysound1
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@Kingsley_fx001, totally agree. Again lingrid got wrong direction.
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