EURUSD 4hour Analysis June 7th, 2020
EURUSD Long Idea
This pair has turned extremely bullish after breaking out of a large range
Currently we are seeing bullish momentum hold and are looking at two potential scenarios for price action
We could see the momentum continue and price action push up to our key monthly resistance around 1.15000
Or we could see price action reverse at this current level and head down toward a key fib level to form structure
This pair has turned extremely bullish after breaking out of a large range
Currently we are seeing bullish momentum hold and are looking at two potential scenarios for price action
We could see the momentum continue and price action push up to our key monthly resistance around 1.15000
Or we could see price action reverse at this current level and head down toward a key fib level to form structure
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