EURUSD Reversal Awaiting First Higher Low
EURUSD has hit the major support zone I outlined in my EURUSD short call a few weeks back.
After a well defined downtrend with multiple lower high swings, price began to exhaust showing a possible reversal of this trend, strengthened by the fact this was happening at a major support zone.
We had a very strong green candle break here. However, I am still awaiting our FIRST higher low here. This will be confirmed with higher highs, or a break above these highs here at 1.0863. Ideally, I would like to see a pullback on the opening before this happens.
The DXY may also be showing signs of a pullback on the Daily:
After a well defined downtrend with multiple lower high swings, price began to exhaust showing a possible reversal of this trend, strengthened by the fact this was happening at a major support zone.
We had a very strong green candle break here. However, I am still awaiting our FIRST higher low here. This will be confirmed with higher highs, or a break above these highs here at 1.0863. Ideally, I would like to see a pullback on the opening before this happens.
The DXY may also be showing signs of a pullback on the Daily:
منشورات ذات صلة
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لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.