The EURUSD moved higher last week as price rebounded following a decline to 1.2200 area the previous week. Notice the false break of key resistance up near 1.2520 that occurred last Friday, eurusd weakness could continue this week as this is a formidable resistance level having given rise to a pin bar reversal a few weeks back. However, eurusd uptrend is still intact and so we are continuing to view any downward pullbacks as potential buying opportunities near support. We will look to be a buyer at or near 1.2200 near-term support or possibly the 21 day ema (blue level) following a clear 4-hour or daily eurusd
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This is my first analyze here on EURUSD currency pair. i hope this chart analysis will be helpful for everyone here, if you find of feel some thing wrong then you can tell me. Thank You.
This is my first analyze here on EURUSD currency pair. i hope this chart analysis will be helpful for everyone here, if you find of feel some thing wrong then you can tell me. Thank You.