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ForexTrendline
Nov 8, 2021 5:41 AM

An important moment for EURUSD 

EURO / U.S. DOLLARICE

Description

On Friday we saw a new bottom on EURUSD and then the pair rising during NFP.
Now, it's very important where it goes next.
While we're trading below 1,1615 there is a higher probability that we will see a downside continuation.

That's why we will be watching price action and in case of any reversal candles, we could be looking for selling opportunities with targets 1,1500.

A breakout above 1,1615 will be a signal for a potential reversal move.
Comments
Lamichhane
Are you sure?? I see double bottom and heading towards 19000
ForexTrendline
@Lamichhane, that's why we give you 2 levels to watch out for, one above current price levels and one below.
KlejdiCuni
Great idea
Astro_fxd
Cheers
Mahtab_Tradia
Good job mate!
Helical_Trades
Nice setup,
Thanks for your time !
TRADiNG_hub
Promising Work 🔥🔥
KlejdiCuni
Great TA
ForexTrendline
@KlejdiCuni, thanks man!
Delta_Forex_
nice Analysis
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