Yesterday, news came out more positively than expected, which resulted in an increase in
DXY
. Because of that, the market went lower, and bears pushed the price toward the swap zone.
EURUSD
lost a moment at the support level. Therefore, I think the market might move up because the price bounced off the level before. Overall, I think the trend is slightly bullish; however, it seems like we might have more sideways move if the market stays above the support. I expect the price to go up from the swap zone, possibly retesting the middle of the range zone above. My goal is resistance around 1.09160
Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻
Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻
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