Forex_Times

✍️ EURUSD: 02-06.08.2021 targets.

Short
OANDA:EURUSD   Euro / U.S. Dollar
Over the past trading week, the net outperformance of the buyers has decreased by 1%.
🌐 The corrective nature of the daily decline further confirms the 1% decrease in market volume.
The unidirectional nature of the move over the coming week suggests a 1% decrease in investors' locked positions.
The key medium-term support is the market maker's loss level (1.1705).
👉 In case of successful test of weekly hedger resistance area premium level (1.1985) we expect decrease with the target,- weekly options seller's minimum profitability level (1.1705).
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Trade active:
📊 EURUSD: limit seller as potential resistance. 🔥 The nearest resistance level for today is the limit seller (1.1903).
The main scenario for today is the successful test of the mentioned resistance and the subsequent decrease with the target, the balance of the day (1.1827).
⏳ In case of break and fixation below the mentioned support, the subsequent downside target is the premium level of the hedge support zone (1.1812).
Trade active:
🌐 EURUSD: balance of the week dynamically down. ♻️ The key resistance for today is the limit seller (1.1912).
In case of a successful test of the mentioned resistance level, we expect a further decline with the target,-weekly balance (1.1862).
🔺 In case of consolidation below 1.1862, the next downside target for today will be hedge support zone premium level (1.1826).
Trade active:
📢 EURUSD: Market maker balance is routinely reached. The key resistance level for today is the 1.1901 price point, where the limit seller is located.
🌐 If the mentioned resistance level is reached, we expect the growth to stop and corrective decline in the American session with the nearest target, the balance of the week (1.1862).
On the breakdown and fixation below 1.1862 we expect the decline to the balance of the day (1.1834).
Trade active:
✍️ EURUSD: Will there be a return to the balance of the week? 📌 The key support for today is the limit buyer (1.1807).
In case of a successful test of this support level, we expect a rise with the target being the balance of the week (1.1861).
💡 On break and fixation above the weekly balance level (1.1861) the limit seller (1.1886) is the next upside target.
Trade active:
❗️ EURUSD: heading for a test of the balance of the week. ✍️ The closest support level for today is the balance of the day (1.1822).
🌐 The main scenario for today is a successful test of the balance of the day level (1.1822) and a subsequent rise with the target: limit seller (1.1874).
In case of reaching the limit seller and the subsequent rebound, we expect a decline to the close of the currency day with the benchmark,- limit buyer (1.1804).
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