TradingView
Forex48_TradingAcademy
Sep 20, 2023 4:51 AM

EUR/USD The big day of the FED has arrived! Long

Euro / U.S. DollarFOREX.com

Description

On EUR/USD, we can observe a bullish setup with a bullish trendline on H4. The price is approaching a significant demand zone on H4, where it could find support on the trendline and subsequently initiate an upward move. The first target would be the first significant swing high at 1.0716 and then the H4 supply zone at 1.0740. It's worth noting that during the Asian session, the price recorded a significant swing low at 1.0678, further signaling the possibility of an upward push in the market today. Let me know what you think. Leave a comment and a like to support our work. Greetings from Nicola, the CEO of Forex48 Trading Academy.
Comments
RLinda
Good look at the market, I think the price will reach the target soon) Thank you)
Forex48_TradingAcademy
@RLinda, Of course, thanks for your support!
TheFxAce
Your detailed breakdown of the bullish signs is both insightful and encouraging for a long position.
Forex48_TradingAcademy
@TheFxAce, Thank you, I appreciate it!
DNA_BrianTrading
thank your idea
Forex48_TradingAcademy
@DNA_BrianTrading, Thanks, I'm happy to hear that.
Forex48_TradingAcademy
Hi, what do you think abut EUR/USD?
More