fromzerotospyro
Long

A Case Of Resistance Turned Into Support

FX:EURUSD   Euro / U.S. Dollar
Hello Traders

Yet another tactical setup on my favorite pair.

This setup is what I consider the classic case of resistance turning into support.

The trendline was broken now looking to re-position my trades in a new upward momentum.

If that doesn't happen further capitulation could ensue and possible test of 1.12 level.

Trade safe, trade well.
Nov 22
Order cancelled: Price reversed slightly higher than projected support
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