Trade of the Day EURUSD

EURUSD is bouncing off the strong support

 

EURUSD is testing the strong support 1.1846 and is bouncing off it. This bounce is now being confirmed as it is breaking above the 1.1900. We expect a swing higher to continue all the way to 1.21000 where we can see a decision will it stay in this bigger new range or will break above. We are still in the 5th final upside impulsive wave with a 1.2800 potential high.

Note: look for the long trade entries with the stop loss below 1.1850

EURUSD daily price action trading strategy

 

 

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
×