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Mihai_Iacob
Sep 27, 2022 3:48 AM

EurUsd can rise to 0.99 Long

Euro Fx/U.S. DollarFXCM

Description

Yesterday, after hitting a low at 0.9550, EurUsd corrected this steep drop from Asia's open and, after a new attempt to drop under the low, started to consolidate.
As I said last week, the 0.95 zone should provide strong support for the pair and a reversal from this zone can happen.
I'm bullish EurUsd as long as 0.95 is intact and buying dips towards that zone is my strategy.
A correction to 0.99 is very probable at this moment

Comments
NeoDaNomad
I agree
Mihai_Iacob
@NeoDaNomad, thanks for support
FOREXN1
@Mihai_Iacob, Interesting , we are short here but your idea can be true !
Mihai_Iacob
@FOREXN1, i expect a reversal from yesterday s low zone.
Let s see
ledrox
thank you! I will patiently wait for the price to reach parity area and then go short again if I see strong resistance
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