The EURUSD has been out of touch with the US Dollar due to its strength. The 1HR trend line has multiple touches confirming its reliability of acting resistance.
The current weekly pivot hasn't been hit and is a great place to target for some easy pips on a long or alternatively, enter a short with stops above the trendline and targets around the lows.
For more information for setups and education, please follow me on here, twitter (@EvanTheBanana) or at www.ejfxtrading.com
The current weekly pivot hasn't been hit and is a great place to target for some easy pips on a long or alternatively, enter a short with stops above the trendline and targets around the lows.
For more information for setups and education, please follow me on here, twitter (@EvanTheBanana) or at www.ejfxtrading.com