A pullback to 1,1370 and then another drop on EURUSD
Yesterday we saw price reaching its next support which is now holding.
Today, we're expecting a pullback to 1,1370 and another drop.
The entry opportunities would be on the pullback and rejection of the resistance.
Those levels will give us the best risk to reward ratio.
We will be looking for a breakout of 1,1290 in case of another downside impulse.
That will, once again confirm the downtrend.
Next target - 1,1156!
Today, we're expecting a pullback to 1,1370 and another drop.
The entry opportunities would be on the pullback and rejection of the resistance.
Those levels will give us the best risk to reward ratio.
We will be looking for a breakout of 1,1290 in case of another downside impulse.
That will, once again confirm the downtrend.
Next target - 1,1156!
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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