EUR/USD Outlook (17 February 2022) Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Feb 17, 2022 12:40 AM

Overall, EUR/USD is ranging across.

Currently, EUR/USD is testing the resistance zone of 1.13800 and the next support zone is at 1.12000.
Look for short-term buying opportunities of EUR/USD only if it breaks the resistance zone of 1.13800.

Comments

BigBuxTrading

⋅ Feb 17, 2022 1:06 AM

Hey Jin, when you say "only if it breaks the resistance zone of 1.1380"... do you mean a close above 1.1380? ....What time frame? thanks...

JinDao_Tai

⋅ Feb 18, 2022 12:46 AM

Hello @sdubyag! Yes I do mean a close above 1.138 on the H4 timeframe.

BigBuxTrading

⋅ Feb 18, 2022 1:35 PM

@Jin_LCMSTraders, Thanks Jin!