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Monday, April 05, 2021

EURUSD Analysis April 5, 2021

EURUSD Analysis April 5, 2021

On the weekly timeframe price has a ton of room to push upwards as we recently fell off and currently are in a downtrend.

On the daily timeframe we have already broken the resistance level heading now to the upside. We are yet to retest the resistance turned support so we have to see how this plays out here!
On the H4 timeframe is where I can see things the clearest. Price has broken the previous level of resistance and now we are heading to the upside! Please wait for a HL to form before entering this play!

from Trading Ideas
via gqrds

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