Hello Traders ,
to get in depth analysis check our video of weekly outlook on eurusd...
As pair has broken below strong support zone, we are waiting to see if price manages to find resistance and continues moving lower or it breaks above resistance making it a strong support again...
it is better to wait for today daily candle close to get more idea of price action in order to take long or short trades... if price closes below previous support today also then we can assume that price may continue moving lower , if not we can witness false breakout of lows and bullish reversal... wait n watch for today..
to get in depth analysis check our video of weekly outlook on eurusd...
As pair has broken below strong support zone, we are waiting to see if price manages to find resistance and continues moving lower or it breaks above resistance making it a strong support again...
it is better to wait for today daily candle close to get more idea of price action in order to take long or short trades... if price closes below previous support today also then we can assume that price may continue moving lower , if not we can witness false breakout of lows and bullish reversal... wait n watch for today..
