Signal_Centre

EURUSD - AB=CD correction to be bought

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD
EURUSD
EURUSD
EURUSD


EURUSD - Intraday - We look to Buy at 1.1228 (stop at 1.1198)

A 5 wave bearish count has been completed at 1286. Expect trading to remain mixed and volatile. Bespoke support is located at 1.1228. We have a 61.8% Fibonacci pullback level of 1.1288 from 1.1193 to 1.1286. Ichimoku cloud support comes in at 1.1288. Preferred trade is to buy on dips.

Our profit targets will be 1.1300 and 1.1350

Resistance: 1.1286 / 1.1300 / 1.1350
Support: 1.1243 / 1.1228 / 1.1200

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.