LADEEc57

$EURUSD : Pullback Continuation & Bounce

Long
FX_IDC:EURUSD   Euro / U.S. Dollar
6
EURUSD Expecting further retracement after Friday's pullback as politics set the tone for this pair. Possible recoiling towards 1.1066 and failure to hold this level will see it test 1.0966. However, this pair is in a bullish weekly trend & I would not be surprised of a resumption towards upper ranges. For now, long stop hunting is in motion to weed out as many longs possible before the next pump testing 1.1410.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.