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AnhQNguyen
Jan 15, 2020 8:43 AM

EURUSD - a possible short-term long  

EUR/USDOANDA

Description

Short term long because price is reaching is a resistance level around 1.1161, there is an opportunity to scalp around 35 pips if you are a scalper.

However, if we see price breaks this point then it's a potential 135 pips to 1.12416, if not it will back to support line around 1.09889.

I'd suggest to keep an eye close to this pair if you decide to take the trade straight away, there are quite a few major USD news coming out during lunch hour in the UK which could affect the trade.

Let me know what you think below
Comments
F1_trades
I do believe it will test the support zone before bouncing back upwards
AnhQNguyen
@F1_trades, awesome !
ralpinmcdjango
I've had my eye on this over the last few days. I think it will test the resistance level for a little while then carry on the upward trend seen over the last few months
adz2k20
Love it. Followed this too, and now stop to break even looking to see what happens at 50-60 range
AnhQNguyen
@adz2k20, that's great
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