EURUSD an important level test

EURUSD is  testing a strong upside support

 

EURUSD is testing strong upside support 1.15500. This is strong upside support that has not been broken for more than three weeks. A break below this level is required to open a deeper downside reversal. Bounce off this level will lead to a retest of 1.16500 falling wedge resistance and 1.17000 for the upside extension.

Note: look for the long trade entries with the stop loss below 1.15000

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EURUSD trading strategy

 

 

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