Elliot_Myers
Long

EUR/USD Rejects 1.10661 - Upside Momentum Now In Sight

FX:EURUSD   Euro Fx/U.S. Dollar
70 1 2
After 6 days of losses the pair sent a strong signal that selling pressure was dying out with a 3rd rejection of the 1.10661 level on Friday. The wait for a bullish entry now begins - While the Friday daily candle is a strong bull signal, it is likely trading will be choppy on Monday (due to weekend events) and a wiser approach to entry is always to wait for the weekend reaction to pass before entering.
Downside confirmed at break of blue box (price congestion and major resistance) stay tuned for a short set up.
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out