EURUSD should rise but please dont buy it on MONDAY!
Dear traders,
as you can see EURUSD is hitting a key support and it is expected to rise.
Yet we have to notice that the closing price on FRIDAY was a the bottom of the range that means that bears were in full control til the end of the day.
My humble idea is that: on MONDAY we do nothing and stay flat.
If price rebounds on Monday, then we buy the very next day.
If the support is broken, I will personally prefer not to sell EURUSD ans see id it rebounds in the nosy area between 1.07-1.08.
Cheers
R
as you can see EURUSD is hitting a key support and it is expected to rise.
Yet we have to notice that the closing price on FRIDAY was a the bottom of the range that means that bears were in full control til the end of the day.
My humble idea is that: on MONDAY we do nothing and stay flat.
If price rebounds on Monday, then we buy the very next day.
If the support is broken, I will personally prefer not to sell EURUSD ans see id it rebounds in the nosy area between 1.07-1.08.
Cheers
R
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.
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.