EURUSD rebounds from support once again, continuation expected
In my previous EURUSD ideas(idea links attached below), I highlighted the support zone that sits in the 1.1690-1.1720 area.
As I predicted, EURUSD went up almost 100 pips from my highlighted support area.
Price is also above the 100H EMA and the overall market structure is Bullish.
So, I am expecting a continuation of the uptrend till the price reaches 1.19 level. If EURUSD drops towards the support again. traders can look for buy entries.
As I predicted, EURUSD went up almost 100 pips from my highlighted support area.
Price is also above the 100H EMA and the overall market structure is Bullish.
So, I am expecting a continuation of the uptrend till the price reaches 1.19 level. If EURUSD drops towards the support again. traders can look for buy entries.
評論:
Price reached 1.19 as expected. Close to 100 pips since I posted this idea
