Trade of the Day EURUSD

EURUSD is pressing the downside resistance again

 

EURUSD is pressing the downside resistance/upside support triangle line 1.1760 again. A confirmed break below this level is required for the downside breakout and a continuation lower.  A bounce from here is required for the upside reversal and an upside test of 1.1900 and higher to 1.2000.

Note: you can enter the long trade entry upon a price action bounce with the stop loss below 1.17400 or reverse to short if you will be stopped

 

EURUSD price action triangle

 

 

If you want to learn trading analysis and how to get to key trading levels like in this article register for Private Live mentoring with your trading evaluation.

COPY TRADING MADE EASY

Take a break from your trading routine and let some funds be run by us! Copy our trades!

Scroll to Top
×