Laban132
Short

Is this the end of the pullback?

FX_IDC:EURUSD   Euro/U.S. Dollar
Plenty of confluence is building up around 1,10-1,11.

1. Key Weekly zone at 1,10-1,11
2. Bears defended 1,10 on the 18th
3. Bears stepping in, again, today, defending 1,10.
4. 50-61,8% fibonacci level.

As recent as last week, the bears defended this level, and chopped of some of the bullish engulfing on the 18th.
So the bears are definitely present around this level.

If price continues to surge, even more confluence will be added to the list.

So yes - I think that it is highly likely that we are about to see the end of the EURUSD             pullback, and Im just waiting for the right timing to catch the EURUSD             short boat towards parity.

My first target will be 1,05 which is a key level for the bulls to defend.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out