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ForexTrendline
Sep 9, 2022 4:27 AM

Do not trade EURUSD today! 

EURO / U.S. DOLLARICE

Description

EURUSD quickly came back up yesterday after the interest rates.

It doesn't give us any selling opportunities right now.

The levels where price is currently trading are considered a strong resistance and that's why buying is also not recommended.

That's why we would rather wait for a better setup and not trade EURUSD today.

Once we see the market breaking out in either direction, then we will have another chance to enter!
Comments
Solldy
Thanks for sharing your view on this trade! Also recently considered this idea and agree with you on a possible movement scenario)
KlejdiCuni
I agree with your idea.
ProjectSyndicate
superb overview for position traders
naz2004
Agree👍🏻👍🏻
ForexTrendline
@naz2004, nice one, thanks!
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