EUR/USD is trying to bounce away from resistance line that has been previously tested and has seen some fakeouts as well. However, we believe that this time price will go down as it is general downtrend for this pair and indicators is signaling us that price is loosing its momentum. But if the price somehow manages to break this horizontal resistance then there is a chance we could go higher in quicker manner. Let's wait and see what will price do now. For better entry we need to wait for next 2 or 3 candles to close and then we could tell better what will price do.
Do you agree with our prediction ? Let us know in comments or you could send us a private message if you are shy :)
Please smash that like and follow button to support our channel, we are trying to grow our trading family and soon we will launch our Telegram channel.
Good luck !
Do you agree with our prediction ? Let us know in comments or you could send us a private message if you are shy :)
Please smash that like and follow button to support our channel, we are trying to grow our trading family and soon we will launch our Telegram channel.
Good luck !
