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EURUSD: Two Key Levels to Watch & Plan For Next Week๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡บ๐Ÿ‡ธ

Short
OANDA:EURUSD   Euro / U.S. Dollar

Hey traders,

EURUSD was very bullish this week.
Preparing for the next week here are the closest key levels that I spotted:

Resistance 1 - 1.9665 - 1.2 supply area
It is the closest zone that I would consider for shorting.
Let the market reach it & then look for confirmation on intraday timeframes to short.

Support 1 - 1.17 - 1.172 demand area
It is the closest zone that I would consider for buying.
It is a year's low as well.
Look for a confirmation within that zone to buy.

While the price is trading in between, I would stay away from trading EURUSD .

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Comments

Do you agree with my key levels?
+1 Reply
i dont agree with the bullish momentum towards 1.199
Reply
VasilyTrader ASFAND_GOLD
@ASFAND_GOLD, thank you for comment bro!
+1 Reply