We underwent a "Black Monday" , EURUSD soared strongly to 1.17000: this is a very strong resistance level: YEAR HIGH
It's not easy to break the YEAR HIGH.
What I am watching in the being time ?
I see EURUSD moved above SMA200: The downtrend likely is over, I and see the uptrend is coming back.
I watch the Resistance becomes Support: 1.1500 level.
If EURUSD indeed choose 1.1200 as a future support, I will BUY EURUSD at that level.
It's not easy to break the YEAR HIGH.
What I am watching in the being time ?
I see EURUSD moved above SMA200: The downtrend likely is over, I and see the uptrend is coming back.
I watch the Resistance becomes Support: 1.1500 level.
If EURUSD indeed choose 1.1200 as a future support, I will BUY EURUSD at that level.