Hi !
Its a beautiful trade day as the market has decided to go volatile on EUROPEAN session. A good way to start the week !
EURUSD is found complying to the recent drawn downward trend ( Check Chart ) although had a slight pave on Friday and then a quick reversal from the VERIFIED resistance point @1.18465. It has been a way slope since its reversal.
POSSIBLE MARKET MOVES
Today, the price has destroyed a 2 times VERIFIED SUPPORT level @1.18045 and current around a demarcating VERIFIED SUPPORT region @1.17725.
Considering the fact that the price is still on a slope trend as seen on chart. The price might still have to break the demarcating support level after a RETRACEMENT as its trying to do right now !
CHECK CHART and DRAWN PATHS for better understanding.
OBSERVE EVERY RISK MANAGEMENT MEASURES
Its a beautiful trade day as the market has decided to go volatile on EUROPEAN session. A good way to start the week !
EURUSD is found complying to the recent drawn downward trend ( Check Chart ) although had a slight pave on Friday and then a quick reversal from the VERIFIED resistance point @1.18465. It has been a way slope since its reversal.
POSSIBLE MARKET MOVES
Today, the price has destroyed a 2 times VERIFIED SUPPORT level @1.18045 and current around a demarcating VERIFIED SUPPORT region @1.17725.
Considering the fact that the price is still on a slope trend as seen on chart. The price might still have to break the demarcating support level after a RETRACEMENT as its trying to do right now !
CHECK CHART and DRAWN PATHS for better understanding.
OBSERVE EVERY RISK MANAGEMENT MEASURES