EUR/USD 1hr timeframe
My analysis here is very simple purely based on price action.
We are still in the selling zone so our bias here is short, the price has also created a 2nd resistance level, we can expect it to reach around 1.034 but it can go further down. a R/R of 1:3 should be good for this pair in the short term. good luck everyone! :)
We are still in the selling zone so our bias here is short, the price has also created a 2nd resistance level, we can expect it to reach around 1.034 but it can go further down. a R/R of 1:3 should be good for this pair in the short term. good luck everyone! :)
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