Pair in H1 timeframe create a nice Box. If box breakout in upward we are going to take long position and if its break downword we are going to short position. That's mean If price break 1.13580 point we are going to open buy trade and if price break 1.12694 point we are going to open sell trade.
I think, price may break downward mode because 50 ema
, 100 ema
and 200 ema
is above the price level and that's why eur/usd
faced strong resistance in above.
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