CapMoore

Eyeing 1,11-1,1150 Confluence Resistance

FX:EURUSD   Euro Fx/U.S. Dollar
18 0 2
Price is eyeing important pivot confluence around 1,11-1,1150. With both
Weekly and Monthly MACD Bull crosses giving upward pressure in else higher timeframe
bearish trend may help push price up to this level. Especially the Yearly PP
at 1,1140 is still untraded. Thus scalping on the long side here is favoured and
looking for shorts in the red confluence resistance zone .

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