EURO / U.S DOLLAR 4H ( Buy Setup )

٢ يناير ٢٠٢١

Hello Good Day to every traders around the world. Here is my analysis for EURUSD in 4H chart. What I noticed was, there is a buy setup. There is a resistance level at 1.23065 and SBR level at 1.22084. I drew buyer zone with yellow shaped rectangle. What i see is the current candle will make a little drop until my buy zone and from there the price will retrace back to the upper resistance. However the market is in downtrend for now but be realistic that price always will return the turning point to collect the data. I've posted my targeted TP and SL with the long position box. Thank you for viewing my analysis on British Pound / Australian Dollar setup and do like if you think it's worth to view and follow. TAYOR

Greetings,
Mr. Trade from Malaysia