Trade of the Day EURUSD

EURUSD rejected from a broadening wedge resistance

 

EURUSD tested and is being rejected by the 1.2100 broadening wedge resistance. A break above this level is important for the upside extension. A rejection here could lead to a test of 1.17000 again. A confirmed break below 1.19500 will lead to a deeper pullback to 1.17000.

Note – Look for short trade entries upon a confirmed break below 1.19500

EURUSD daily price action trading strategy

 

 

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