– Previous Daily candle closed Bearish at 181.260 forming Daily Resistance at 181.670.
– Buys on close above 181.630 targeting 4h Resistance at 182.030, Leaving Runners to the 4h previous Support formed on 9th July 2023 at 182.390.
– Sells on close below 181.110 targeting 4h Support at 180.640, Leaving Runners to the 15min Support formed at 180.310.
– Overall...
We were expecting a reaction of the sell area but right now, it looks like this move doesn't have enough strength.
That's why it's probably best to stay away from trading the EURUSD.
It's more likely that we will see a drop to around 1,0540 followed by another move up later before the actual trend reversal on H1.
As of right now, it's best to wait for a better...
#QSP/BTC ANALYSIS
It rejected from MDX resistance zone and currently holding above horizontal and trendline support.
MACD crossover is loosing bearish momentum. RSI is in the oversold region with hidden bullish divergence.
BUY ORDER < 155
SELL ORDER >= 173
no its not entry point but if do some correction and get down below 155 u can buy order in this area....
