AmiranAzaladze

EURUSD - Wait 24 hrs

Long
FX:EURUSD   Euro / U.S. Dollar
Interesting situation on EURUSD chart today. Fundamentally you need to focus on US-China trade war positive messages, which cause sharp gain of US currency on Friday. Today banks are closed in USA, due to labor day, so markets will be calm after European session. More attention on technical analysis, now EURUSD is trading at 1.0989.
Two main aspects of technical analysis:
1. Pattern Sperandeo on H1 Chart, already crossed 1 resistance trend line, great signal for short term buy till 1.1027.
2. Resistance N1 - 1.1027 (Asia market open on Friday ); Resistance N2 - 1.1068 (Fibo 23) ; Support N1 - 1.0961 (Fibo o.o level); Support N2 - 1.0918 (Fibo 161 level);
Have a successful week.

Amiran Azaladze
CEO at Saqs Investment
amiranazaladze@gmail.com
amiranazaladze.com
talkwithamiran.com
whats app: +995 593758310
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.