I was bullish EURUSD yesterday and it practically just opened and moved higher, without even testing 1.0761 strong level before hitting next strong level at 1.0799 and then pulled back.
EURUSD opened at its PZ for today. Cautiously bullish for a move higher. Based on current price action, best scenario is for price to base at PZ here and then move higher to break 1.0799 strong level for a move to 1.0829.
In the event of a dip, we are looking at 1.0761 strong level to hold and then move higher. For this, we are probably looking at PPI to trigger that dip and then buyers come in to close it higher.
EURUSD opened at its PZ for today. Cautiously bullish for a move higher. Based on current price action, best scenario is for price to base at PZ here and then move higher to break 1.0799 strong level for a move to 1.0829.
In the event of a dip, we are looking at 1.0761 strong level to hold and then move higher. For this, we are probably looking at PPI to trigger that dip and then buyers come in to close it higher.
Join me for free on Patreon (www.patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan.
DM me to join my new group to learn all my trading levels and to trade together.
DM me to join my new group to learn all my trading levels and to trade together.