DONATE & Share Post Your Content On Smart Money Management

Search This Blog

Sunday, December 12, 2021

EUR/USD Analysis - It Will Head Upward

EUR/USD Analysis - It Will Head Upward

EUR/USD OANDA:EURUSD

Welcome back! Here's an analysis of this pair!

COMMENT BELOW and let us know your thoughts or questions!

** Current technicals point to a bearish bias on the weekly of EU. After a deep push to the downside and minor correction, sellers struggled to break lower than 1240.

A break of above 1352 would signal next target at 1450 zone (previous weekly resistance). Volatility may begin to slow as we approach the holidays so don't expect major movement from this pair.

We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.

Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.

Thanks for your continued support!

Brian & Kenya Horton, BK Forex Academy



from TradingView Ideas https://ift.tt/3II1bP4
via gqrds

No comments: