Forex_League

EURUSD Analysis August 29, 2020

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD: On the weekly timeframe we are at a high in the market. Last week closed bullish and engulfed the previous candle. On the daily timeframe we are maintaining our moving averages and heading higher. We just need to bump down timeframes to take a look at structure. We can either see a slight pullback to the support level and go long or a break of structure and look to head lower. Here I am maintaining my bias as bullish and will be looking for bullish opportunities.
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.