GeraldZhuang

EURUSD WEEKLY ANALYSIS 28 FEB 21

Long
FX_IDC:EURUSD   Euro / U.S. Dollar
Hello everyone…


Although the EURUSD peaked on Thursday at 1.22429, the currency pair has reversed sharply below the 1.2100 level.

In my opinion, although sellers put up a decent fight, buyers are still strong too.

I still expect EURUSD keeps bulls because I see the pair makes a nice wave and forms a buy setup, as we could see a technical bounce on the 1.20210,

But If this level fails, we should be careful and try to look for selling opportunities.


Always use a stop loss to protect your equity and trading with your own risk.

Good luck!


If you like my idea, then please like and share.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.