Hello traders, EUR/USD is currently at a make or break level.
Notice that EUR/USD has struggled at the moving average in the 4hour
chart. If the bulls are unable to take the price above 1.06, then we
might see further drops in EU.
Currently, I do not have any open positions in EUR/USD and I believe the
best approach right now is to wait and observe if price hits a key level
and then place trades.
In case, price falls to the 1.0450 level, I would definitely consider buying.
Notice that EUR/USD has struggled at the moving average in the 4hour
chart. If the bulls are unable to take the price above 1.06, then we
might see further drops in EU.
Currently, I do not have any open positions in EUR/USD and I believe the
best approach right now is to wait and observe if price hits a key level
and then place trades.
In case, price falls to the 1.0450 level, I would definitely consider buying.
코멘트:
EURUSD is now below 1.0570 which is not a good sign for the bulls
코멘트:
Trade idea running in 40 pips profit
코멘트:
We have some USD data later in the day which will give some momentum
to this pair
to this pair
코멘트:
EUR/USD seems to creating a base around the 1.05 level from where we can expect
a trend reversal
a trend reversal