Hello FOLKS, How is everyone doing? EURUSD Analysis has been going fantastic with us, congrats for all previous signals.
What is the deal now? Are we selling or BUYING? :)
We will only buy, but not now, we may visit as down as 1.1, but a probability of 20% only to happen, most likely we will bounce from 1.180-1.1230 Range, so I think 1.12 We start buying and be ready if it drops 50 pips to buy again,
Why I forecast like that? Well,
EUR index is under pressure and will continue down, but also USD index is under pressure and will fall, In this case, we may get a small dip of EURUSD, than fast rise after, so selling is not a very great IDEA here even though We forecast a small drop, We definitely want to buy lows, not sell at support levels, with no doubt. So Dont sell, either buy 1.12 or wait to buy lower or higher.
Also U can buy when H4 candle closed above MA21 in H4, this is safe way. Thanks, this is a really accurate analysis for EURUSD. Thanks for THUMPS UP