Hello friends, if you have been following my ideas on EURUSD, you will already recognize this chart. Well, as I was expecting, EURUSD finally dropped to the Support Level around 1.0770 and also managed to bounce up from the support level jumping more than 80 pips.
However, it was a short-lived bounce, and price is now back to the support Area.
At this point, I advise traders not to jump into Buy trades because there's a very good chance that EURUSD can drop to 1.0640 next week.
However, it was a short-lived bounce, and price is now back to the support Area.
At this point, I advise traders not to jump into Buy trades because there's a very good chance that EURUSD can drop to 1.0640 next week.
Comentário:
And there goes the weak support as expected
Trade ativo:
Anticipating this move
Sell active at 1.0797
Comentário:
Another sell limited @1.0815 also triggered as my followers here many already know