During the news yesterday we saw an impulse upside move on EURUSD, which came after the initial drop that only formed a downside wick.
That alone, shows us that we should see another upside push today.
The first resistance is at 1,1880 and in case of a breakout, then 1,1923.
Price moving north is more likely while market is above 1,1770
That doesn't mean the downtrend on H4 is over. However, as of right now it's possible to see higher values.
We recommend looking at other instruments that present us with a better risk to reward ratio entry. We're looking at a few entries today.
Follow us for more opportunities!
👍 Please support this idea with like and comment so we can help more people together.
Thank you in advance! 🙏
That alone, shows us that we should see another upside push today.
The first resistance is at 1,1880 and in case of a breakout, then 1,1923.
Price moving north is more likely while market is above 1,1770
That doesn't mean the downtrend on H4 is over. However, as of right now it's possible to see higher values.
We recommend looking at other instruments that present us with a better risk to reward ratio entry. We're looking at a few entries today.
Follow us for more opportunities!
👍 Please support this idea with like and comment so we can help more people together.
Thank you in advance! 🙏
Comment:
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
